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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: Fred C. Dobbs who wrote (34368)	4/24/1999 12:26:00 PM
From: jhild	Read Replies (2) \| Respond to of 43774

Well Fred, looking at your analogy is interesting but flawed. These companies that you note are each fairly substantial in their own rights. Charles Schwab (SCH) for instance did 2.7 billion in revenues in 1998 and is projecting over 3 billion for 1999. What did PRWT/PABN do in 1998? Two houses and a failed merger/acquisition and a rapidly expanding outstanding and more shares entering the float every time anyone turns around, hardly scales to the kind of businesses you are comparing. Comparing stock prices has no real basis in fact here. Absent financials you have no idea how to begin to value this company. But as far as on line trading goes, you can not begin to compare companies that have substantial resources and market presence already, with a company that has a demonstrated inability to execute. Look at what a real on-line brokerage does: sec.gov PABN/PRWT falls miserably short in comparison. Look at the assets that SCH has to conduct it's business. Look at the number of customers. These two offices are a very simple start that do not at all begin to demonstrate the kind resources that are required to generate any presence in the market place.

To: Fred C. Dobbs who wrote (34368)	4/24/1999 1:18:00 PM
From: ColleenB	Read Replies (4) \| Respond to of 43774

Fred, The main flaw with what you are presenting is there is no comparison between PABN and the companies you cited. You are somehow trying to compare a lemonade stand to Macy's. and even using your numbers.... E*Trade 115 million OS, 62 mil float, closed $104, 52w 5-144 Ameritrade 52.1 mil OS, 14 mil float, closed $120, 52w 5-188 Schwab 406.4 mil OS, 249.9 float, closed $120, 52w 18-155 PABN has almost 700Million O/S and 324 Million in the float with no revenues. Look at the numbers again and see why you cannot possibly compare these companies. Now, if you're trying to suggest that PABN will one day become a competitor of these companies and have comparable revenues then you HAVE to look at the things the company has executed to date to see if this is even feasible. And unfortunately they've bungled most everything to date. So, you have to be concerned with past/present failures and accomplishments as this is what you have to base your hopes and dreams on with PABN. And look closely at those numbers again, with the revenues these giants are generating they don't have a fraction the number of shares PABN does....

To: Fred C. Dobbs who wrote (34368)	4/24/1999 1:36:00 PM
From: Fred C. Dobbs	Respond to of 43774

Hi Fred, How you doing? Now I know why Scottoo started talking to himself. "Hey fred, if he shows up, we can play a game of bridge or something?" Oh by the way jhild, I will agree that PABN as a holding company, might encounter some setbacks or failures, in achieving their goal. But they are pursueing different sources of revenue and the financials are what will decide the fate of this company nothing else. If everyone in the world quit after having one or two setbacks, what failures we would. And the last thing , I don't want to hear you say, is, "Well look at that, they're all like me." Hey Scottoo, I've still got room for two, for cards. FCDs