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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market -- Ignore unavailable to you. Want to Upgrade?

To: Annointed1 who wrote (4400)	6/3/1999 2:41:00 PM
From: Kelly Igou	Read Replies (2) \| Respond to of 4767

If ever there was an opportunity to make some money, this would seem to be it. Who would have thought we could buy this stock for .17 four months ago? Unfortunately I have no more free cash to throw at this, otherwise I would continue to accumulate! Let's see now...annual earnings of .01/share would be what? $300K? At a PE of 30, that would yield a price of .30, wouldn't it? Now, if all the businesses are holding their own, and the restaurants and waterpark are now generating revenue, I would think the above would be very realistic. I would think that the waterpark should generate about $5/visitor profit (pick a number - yours is probably as good as mine). In order to reach $300K profit, they'd have to see around 60K visitors. Usually a waterpark is going to see at least 1K people a day during the week, and probably 2.5K a day on the weekends. Since there's about 12 weeks in the summer, potentially you could see 120K visitors. Can anyone provide better assumptions regarding profit/visitor and attendance at the park?