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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose

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To: jk who wrote (772)4/20/1998 8:15:00 PM
From: BIGFRED  Read Replies (1) of 4650
 
Hi Jk:

I hope no one bashes you on this thread, I sure won't. I expressed many times the reason for my worrying, while appreciating the potential. And yes, new technology takes time to develop. The official company press release of February, 1998, expects the completion of the 1.7 million contract in July, 1998. So, I will wait. You are welcome to keep our enthusiasm down. All the EPS estimates that I came up with, I believe last week, are based on revenues of 4.4 million this year and 12 million next year. Of course we have to see if ADOT will deliver the first BB in July and wait for an official statement from ADOT for completion of next contract.
I came up with a 10 dollar stock price estimate for ADOT next year. You can divide that by 2 or 4 for a much more conservative estimate, which is still 1200 percent of where we closed today.
A big cloud over ADOT will be lifted once they deliver the first contract.

Keep us in check

Fred
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