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Microcap & Penny Stocks : clyc--Projected 97 sales $600mil, 96 sales $5mil

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To: P.Hronis who wrote (199)6/19/1997 1:46:00 PM
From: kenny   of 368
 
The news that came out today seems very possative. The price of the stocks has already responded possatively to it. The problem is that I don't understand the whole article. Firstly what does this company do that they want phone cards, thay seem to also be in the communication bussiness. Secondly the numbers don't make sence. The company will pay 25 million for 3 million cards. If you do the math thats approx. 8 dollars a card, much higher then the wholesale cost. lastley what royalty will Catalyst recieve? I agree this is very possative for the company, but if anyone knows what this means, please explain.

Kenny
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