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Technology Stocks : Tel-Save Holdings (TALK)
TALK 3.380-4.5%Nov 12 3:59 PM EST
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To: Frederick Langford who wrote (173)12/31/1997 9:24:00 AM
From: Helios  Read Replies (1) of 840
 
Not bad, .1% of aol subscribers. With 65 million shares outstanding you get one customer for every 650 share you own. Assuming that each customer generates a $50 dollar monthly phone bill (9.3 hours on the phone at 9 cents a minute) and that this money will go directly to the bottom line with no costs associated with handling the new business then you get about a dollar per share added to the bottom line. TALK will be trading at a PE of about 20 at todays prices.
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