Bruce, you forgot to add in the shares Tom Simpson will get. In addition, the revenue estimates are not based on any realistic past experience. We're still dealing with a company known for broken promises, missed deadlines, vague releases, closed offices, turned off phones, etc. Yes, that can change but until we see evidence that it may, your analysis, while interesting, is not based on any publicly known facts. It would take a Herculean fundamental change in the company, backed up by substance, for TMMI to reach 25 cents AND STAY THERE. What are the chances of that happening? So far the market is saying slim and none. For how many years now has the turnaround been just around the corner, next month, as soon as X gets out of beta, when Z Corp. signs the contract, and a thousand other unfilled promises?
Arnie |