ILNK,VVUS,PSS,FNCO
ILNK ran up from $8 to $15 in just 2 days or so a couple of weeks ago.
Since then, it came down, closing at $6 5/8 today. But with
all the dust settled now, I believe ILNK is ready to make a move up
again, especially they enter into the launching period on June from
pre-launching period right now. ILNK came down for basically 2
reasons. 1) It came down bed people really didn't understand its new
patented revulutionary technology. Some, mainly short sellers, compared
it to the internet telephony or some type of modem driven technology.
It is easy to dismiss something if you don't really understand it, as
many did exactly that. This new patented tech of ILNK is not really
easy to understand. I did some research on its tech, and found that it
IS revolutionary. It requires NO software installed (such as in the
case with internet telephony) or a modemn or even a computer. It works
straight thru!
your regular telephone, yet it works like the internet telephony, where
the long-distance calls cost is virtually zero. 2) Some people worried
about ILNK's fundamental numbers. I don't blame them. ILNK's numbers
were terrible last year. But if you look at it carefully, this also
will be a misunderstanding. ILNK last year was called Medcross. It was
a company in the healthcare business, providing diagnostic imaging
services. It took in $2.4M in revenues and lost a net of $23M last
year. The $23M loss was mainly due to when Medcross acquired a compnay
called I-Link worldwide, inc and renamed itself I-LINK worldwide, and
decide to get into the telecommunication business with I-Link's patented
revolutionary technology. The acquisition cost was about $15M plus other
research and development costs, so last year's $23M net loss is somewhat
misleading. The company then hired a brand new management team, headed
by CEO John Edwards, formerlly Vice President of Novell, and other f!
ormer IBM and Xerox executives. And this last April 25th, they annoucned
that they will begin and focus on its telecommunication business with a
brand new team, brand new structure...etc. So, what ever the ILNK's
numbers were last year, (and they were not good) it is totally
irrelevant, bec we are now talking about a completely new diffrent
business and diffrent management team. The important thing is how well
ILNK is doing or will do with its new telecommunications business. I
checked with the company, and so far the company just can not keep up
with all the calls and application forms that they are getting every
day! ILNK is the hottest thing going on in the MLM industry right now.
Offering 7.9c long distance rates (6.9 c if necessary in the future),
and a very generous compensation plan,...why not? I have never done MLM
program before in my entire life, and I am tempted to sign up as one of
their marketing reps (and I found I am paying 15-19 cents per minute
with AT&T!
) Anyway, my best estimation is that they have, since the pre-launch
announcement on April 25th, signed up about 15,000 reps. And before the
year is over, there will probably sign up about 300,000 to 500,000 reps.
The sign up fees are $50 or $290...thus, at an average sign up fees of
$170, ILNK took in about $2.6M since mid-April, and will take in about
$51M before the year is over (at the estimated sign ups above) Now last
year, ILNK took in as mentioned before about $2.4M. Yes $2.4M. ILNK
this year will take in about estimated $51M just with the sign up fees
ALONE. They took in estimated about $2.6M just last month or so. Now
with the revenues coming in from their long distance, fax, internet
services, ILNK will probably take in over $100M easily this year. This
is not including potential and likely revenues from licensing the new
patented technology to other long-distance carriers! Anyway, ILNK is a
no brainer. The stock was trading betwn $5-$9 range when it took in !
just $2.4M revenues last year. With the estimated revenues in the $100M
this year, it doesn't take Eienstein to figure out that ILNK is headed
UP. It looks like after being down for a few days, ILNK is ready to
make a move upward again now. Especially when they start launching the
business in June, more of these numbers will come out, and the stock
will definitely get some attention. ILNK may not necessarily be a
daytrade stock, and it certainly is worth looking into it. Good Trading |
