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Microcap & Penny Stocks : MDU Communications Inc. - MDTV

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To: diddlysquatz who wrote (164)5/10/1999 2:15:00 PM
From: RICE   of 994
 
Hello Paul,

Nice evaluation of possible share price. You mentioned each subscriber of satellite services could be worth $2000 per subscriber. If you factor in internet access, home security and telephony then it will be worth much more. Lets say $3000.00 per subscriber but could be higher..

Currently 11000 subscribers

11000 x $3000 = 33 million / 9.2 mill outstanding = $3.58 per share

With Backlog of potential 25000 subscribers and growing everyday.

11000 + 25000 x $3000 = 108,000,000 / 9.2 mill outst = $ 11.74 per share

These are very realistic scenarios.
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