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Technology Stocks : Identix (IDNX)

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To: Hockeyfan who wrote (7292)3/20/1998 3:21:00 PM
From: Wesley0428  Read Replies (1) of 26039
 
<<<With the new $35 per click figure I recalculate my estimate to be:

250,000 printsets / 250 centers = 1,000 printsets per center * $35 =
$35,000 - $18,000 = $17,000 profit per center * 250 centers = $4,250,000
total profit * 50% profit split * 65% tax adjustment / 25 million shares
= 5.525 cents per share.>>>

I'm not sure $4000 is enough to cover the labor costs associated with taking 4 sets of prints per day. I could easily see that being .15 - .25 of a full-time person. On the other hand the $35 seems conservative to me.

Also it'll take quite some time to hit the 250K click/year rate. Of course IDX will be selling lots of machines to the 3P lessor during that ramp period which won't hurt.
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