Lalit,
I agree with the use of rolling projections for
Mindflight's stock price. As you eloquently alluded to the possibility of rapid changes in development of the FSTC Electronic Check Project, it would be much more accurate to readjust any projections when success occurs.
I have reviewed the list of industry participants of the FSTC Electronic Check Project. Out of the dozen or so participants, I think about 7 are very large corporations (multi-billion dollar market-caps), 2 are private corporations, and 3 can be called secondary public corporations. The large caps are comprised of American Express, Equifax,
GTE, IBM, National Semiconductor, SunMicrosystems,
& Unisys.
The privately-owned industry participants are Intranet and Telequip.
The three secondary public participants can be monitored at quick glance at SI's Portfolio Page at: techstocks.com
They are CVF Corp., Information Resource Engineering, and Mindflight/RDM.
I have purposely excluded the large caps from the small caps in the FSTC Electronic Check Portfolio.
BTW, I included CVF because they are a minority interest owner of Mindflight/RDM.
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