SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TFRY (was FRYA) Tasty Fries, Inc.
TFRY 0.000010000.0%Mar 7 3:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Terry Norman who wrote (416)9/22/1996 9:19:00 AM
From: Richard Mazzarella   of 2405
 
Terry, It is very easy to see problems with valuation of a start up company. You can't treat the analysis like an operating concern. If we want to speculate (that's what we all did buying TFRY) on the business profitability, let's do it on the evolved business (the investment). If we assume 1X10^6 machines with a profit of $0.35/vend and 50 vends/day we come up with a profit of $6.39MMM/year. A P/E of 10 would have the vending fry business worth $64 billion, lots of money! Hype, speculation? You bet it is! That would put the business worth $640/share with the present number of shares outstanding. Crazy? Probably. Now I can understand why Kelly wants to get into the potato business now and why everyone wants to sue him. I really don't think that Kelly can pull it off, but I bet a Pepsi or Coke could. That's were my bet is, a buyout that could be an easy 5 baggger for shareholders. Maybe a cooler head could do more number pushing with different (and maybe more reasonable) numbers?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext