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Microcap & Penny Stocks : LINC - Plenum Communications (was PLNM)
LINC 24.83+0.2%Dec 26 9:30 AM EST

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To: TokyoMex who wrote (90)5/17/1998 3:46:00 PM
From: Larry Brubaker  Read Replies (1) of 837
 
Maybe "grossly overvalued" is a little harsh.

But there is a limit on the size of the market for subscriptions. I believe the website says there are about 23,000 mortgage brokers. If so, they already have captured more than 10% of the market. Say the managed to capture the ENTIRE 23,000. At $50 per month, we are still only talking about 72 cents per share of total revenue.

As far as other potential sources of revenue, it is hard to say. The website says subscriptions are responsible for the large majority of their revenue, and that is expected to continue.
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