JWC: Apparently, you and I both still read RB, unlike others here who HAVE a life. :)
Anyway, here is another amusing one from "our best friend."
Love the "Ford's and Chevy's" intrigue...
By: Alyce
Reply To: 17834 by kzinlm Friday, 10 Sep 1999 at 11:47 AM EDT
Post # of 17839
You people are funny.
The whole program includes more than 100,000 schools.
Each school should bring in more than $9,000 to TSPIG.
At the low end you might expect no more than a 5 to 8% success rate.
That's 5,000 to 8,000 schools. More than 90% NOT involved.
And just because some shools say they've never heard of the musicard you think it's bad. Same kind of empty DD that got you here in the first place.
Wake up fools. You'll have to do a hell of a lot more sampling to even get just one yes answer. Lot's more sampling.
Give it a rest for a few weeks. It'll be there.
If they only do 5,000 schools that's $45,000,000 net rev's just from one deal. About $38,000,000 NET profit BEFORE any other projects and BEFORE any CD sales.
At $38,000,000 with 200,000,000 shares that's $0.19 per share just for the quarter. If you be conservative and project only twice that for the years profit you have $0.38 and then times that by your estimated PE. I'm using 40.
40 times $0.38 comes to a pretty nice share price. About $15.
And that's only with a 5% success rate with just one deal at Lifetime learning.
You people are really funny.
Z, er ...George, get that left handed mouse yet.
And you Bernie, sorry I made a mistake the other day. They're using both Fords and Chevy's. There's more than 2 of them, IMHO.
Al
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