Palweb Corp (PAEB) Message Board

To: Dallas who wrote (2276)

10/29/1999 11:52:00 AM

Yes, I remember something about that and forgot about it (how could I). With that many shares out, this stock is going nowhere. There has to be super phenomenal revenues for the stock to increase (with that many shares you have to have 1.7 million bucks in EARNINGS to get $.01 of EARNINGs per share. How much revenue do you need to get 1.7 million buck in Earnings?? 1 cent of earnings X let's say 30 P/E gives us .30 share price (which is only 3 times the share price now!).
Correct me if I'm out of my league here!!Anyone, comments please!
DAV