> If revenues from AT&T continue at $125,000 per month (actually, I think last month was higher), and if the business from Lucent is comparable in size, the EPS on those two alone would be .13.
Whoa, there. If TSIS derives $3MM/year from AT&T and Lucent, that is equivalent to $0.13/share in revenues, not earnings, assuming approx. 22MM shares outstanding. Someone (Bill?) said earlier that margins with AT&T were not as high as with the smaller players. They presently have roughly $1MM per year in fixed costs which may be more or less offset by business other than AT&T and Lucent, so just for grins why don't we assume 40% average margins on net revenues of $3MM. On this basis, I calculate $0.055/share attributable to the existing business.
> And with services being expanded to other AT&T divisions, with other companies coming on board, with the potential Nasdaq 100 deal, this can only go higher.
Agreed, but higher than a smaller number.
> I think you will want to hold on to your shares.
Also agreed. Don't take my "argument" the wrong way. I think the company has a very bright future indeed, but let's get the numbers right.
Mike |
