Just running some #'s....
Read an Article this weekend that said a combined GNET/INSP would have Fiscal 2001 Revenues of $360 Million before "synergies"...
I think the # is more like $420 Million before "synergies"...With some REAL UPSIDE POTENTIALTO THAT FIGURE.
Secondly, Also read that the estimate is for 1 Billion Digital Cell Phones to be in use by 2003. The estimate is for half of them to be internet "enabled".... That would be a potential market of 500 MILLION Internet Cell Phone customers...
INSP presently has 80% market share in the USA with 40% percent in Europe... Lets assume for arguments sake they have 50% of the WORLDWIDE internet cell phone market by 2003. Lets also assume that of the 500,000,000 internet ENABLED cell phones in use that 50% of them actually USE the internet feature...
That would mean total market of 250,000,000 customers...
INSP 50% share of the market = 125,000,000 customers..
125,000,000 customers @ $2.00/per CUSTOMER per MONTH.
That would be total revenues of $250,000,000.00 PER MONTH????????????
That would be before any additional revenues on transactions etc....??????????
Add in GNETS Broadband revenues etc., etc., etc............
Is $10 Billion really a high valuation????
Crazy #'s but...heck....3 years ago YHOO was doing $5 Million revenue per month...today they are doing $100 Million revenue per month... |
