Nice writeup Sye!
I received the report today....My impression was that overall this CSK report is much more realistic than the previous report. I was disturbed by one detail though... CSK is estimating a 98 PE of 6 and a 99 PE of 2. Based on CSK earning estimates of $0.16/share in 98' and $0.54/share in 99', that implies the stock price is going to tread water around $1/share. Somebody tell me I am interpretting this wrong...
Other info from SS: Big Brother is NOT complete, but on schedule. There was a rumour that MXMX might have completed it and were sitting on the product, that is not the case according to SS (Better not be or I would be selling out!). Also the PR campaign is still supposed to start this month as planned with PN speaking out in April or so (Gotta keep track of this, this event will probally move the stock). I received info that an article titled " 'GURU' Boosts your PC IQ " was published in a newspaper covering 20+ cities. I was hoping to get the article faxed to me by SS, but they only sent a cover sheet in which the article was unreadable??? OK for the MXMX investors out there, if anyone runs across the article, please post the link or any highlights. This could be our first good press, but I believe in seeing the article for myself and being reassured it was covered in a Nation wide newspaper which covers 20+ cities etc as stated in the SS cover sheet.
I encourage all interested to request the new CSK report. Also there may be another research report in process (I forgot to ask about that). Also keep an eye out for that newspaper article...If I have time tomorrow, I may press SS for additional info on that article...who, what, when, where, and a copy....If I do get that far I will post any info.
Tim |