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Microcap & Penny Stocks : Go Call (GOCA) -- Ignore unavailable to you. Want to Upgrade?


To: Dean who wrote (123)5/28/1999 11:59:00 PM
From: gizmo&jack  Read Replies (2) | Respond to of 192
 
Dean, you seem to be the first person that recognizes the full potential of GOCA. Maybe it is the holiday weekend. These results were just good; they were absolutely unreal. Quick comparison: SNMM's trailing 12 month revenues of approximately 9.5MM and a market cap of 230MM. 24X revenue multiple. GOCA 1Q revenue $11MM. Conservative estimate for full year 1999, $44MM (assuming no growth in the coming quarters which is extremely conservative). 24X44MM=$1.056B. Divide this by 8.5MM shares of GOCA to get a price target of $124. I am dead serious. #'s don't lie. Remember, the PR said that some analysts already thought that the price target should be around $8, but this was based upon last year's revenues of $2.5MM. Makes sense. $2.5MMX24=$60MM. Divide by $8 and get 7.5MM shares. Pretty close. Anyway, the current market cap of about $20MM is about 1/2 conservatively projected '99 revenues - totally absurd. And for those of you that don't think a stock can go from 2 to 120 in less than a year, look at NSOL or GNET. It happens if the numbers are there. And if the fast track OTC investors don't get it, the NASDAQ ones sure will. It will be followed by top research analysts who will make price predictions based on comparable multiples as I have and the stock will fly. What an amazing opportunity and it is not speculation like most OTC stocks; the numbers are real. Take care everyone. G&J