Did anyone's calculator help them in any way? I just used the # of 2 million in sales, since the release says the $500,000 is part of that $2mil, and figuring a modest 25% of those sales would be net revenue, it gives us .0042 per share earnings. Ok, so I forgot the telephone bill that hasn't been paid, let's make it .004 per share even.
Now remember, this figure does not include the telecom deals in West Africa, nor does it include the test kits to Brazil, and using the standard 20x multiplier that the DJ30,sp500, and all that jazz use,
we have a stock worth .08 on this contract alone. This will be a real number "when payment is received" and not before. If you are not an avid gambler, please hold what you have, jump up and down, do whatever, but please don't sell for less than 8 cents. If you are a gambler, I hope you find the right times to get out and get back in. Doing this and making a mistake, selling at the wrong time, may be the most expensive one going into closing the year of '97 into the beginning '98.
Good Luck to all and have a profitable day.(This is not the only horse running on my track(portifolio)). |
