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Gold/Mining/Energy : MADISON SYSTEMS(MADI) Multi Million Dollar Contract
MADI 0.00010000.0%Aug 14 2:35 PM EST

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To: DuGen who wrote (4891)6/17/1999 12:27:00 PM
From: DuGen  Read Replies (1) of 5832
 
FOUND IT! Post #2132 dated Dec10,'98. There's a big difference from what we know now and what I was told back then.
1) They have 4 assemblers putting together 800 units a day. there's 48 solder connections and it costs $15 average to build a centurion and they are selling between $125-$165 to distributors and resellers. Their price must be $259 MINIMUM, but can be higher.

Lets figure. 800 units a day, 5 days at $125 minus $15 per cost, is $40K a week gross revenue. That's pretty good incentive for publishing a financial report.

He also said fiscal closing was Sep30, and I heard later it was March31. So which is it?

DuGen
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