David, you wrote: I just received a nd read the Redchip Review report on TPRO. Redchip issued the company a "B" due to potential risk factors. Their 12-18 month target is $7 excluding any sales from Y2K which they feel can add anywhere from $.50 to $6.50 to the price of the stock. This is based on their estimated sales of the new product between $5,000,000 and $65,000,000. What do most followers of TPRO think is a more reasonable sales estimate?
David, your question is key. It is one with many variables which we have no data of how to estimate. There are an incredible number of sites that could use TPRO's y2k services or CD's, but in the real world, it may be that most IS people and CEO's will opt to simply do an in-house check as best they can.
I get some technical journals that center on embedded systems. In them, articles are beginning to appear that discuss how to trouble shoot the y2k problem. At least one large corporation sent out over a news group email, a document which out lines their strategy to deal with this problem.
My suspicion is that the larger companies which have many plant systems, and those plants which have high legal liabilities, will likely contract out the y2k work to professionals (read TAVA, Inc. etc.).
Mid-sized plants, of which there are many, would be split, possibly three ways: 1.test and replace embedded systems using in-house talent only, 2. test and replace using professional resources (TAVA's CD), 3. wait and see (which I hope will be the smallest group!!!)
Small factories, businesses, real estate building owners, and small utilities, will likely try to do the y2k work themselves ... if they are even aware that they have a potential problem.
There are many other variables in the question of how the y2k sales figures will go, but time does not permit me to go further into this now. I think your question is the $64K queston. And if we could figure out a way to reliably predict the answer of maginitude, and timing of its answer, there would be a lot less tension on this thread.
Keep up your research and the good questions. We'll all be doing our DD and looking for those answers!!!
- Jim |
