Joe,
Using the pricing model on the CD that you obtained the other day,
according to my rough calcualtions, TOPRO can show earnings on the order of $.20 - $.25 for the quarter that we are presently in on just the CD sales alone, provided they can sell approx 200 CDs per month at 17k per pop.
Under the circumstances, this may be a very realistic goal. Using the following rough calculations I come up with:
200CD X $17,000= $ 3,400,000.00 x 3 mo = $10,200,000.00 for quarter gross rev.
Calculate 80% margin = $8,160,000.00 less 40% tax = $4,896,000.00 net
divided by 21,000,000 shrs = $.23 quarterly earnings per shr.
These calculations represent one possible scenario only in the total schema of possibilities and are my opinion only.
Best Wishes,
Gerry
PS. Keep up the great posts |
