LINC - Plenum Communications (was PLNM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : LINC - Plenum Communications (was PLNM)

LINC 24.86

+0.1%

Dec 29 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TokyoMex who wrote (230)	5/18/1998 9:34:00 PM
From: Larry Brubaker	Read Replies (1) of 837

A forecast of revenues of maybe $1 million so far in 98 to 40 million in two years is not hype? Did the ceo explain the basis for these revenue forecasts, or are we supposed to buy them at face value? What is the retail business? What product will they be selling to whom, at what price? An on-line escrow company? What's that? I just went through an escrow having just refinanced my home, and can't imagine how that process could be done on-line. Lots of signatures required, and all. 40 full-time employees? $2.5 million of revenue? Assuming their employees average $50,000 salaries and benefits (which is hardly an exhorbitant salary in the Seattle market), that's $2 million just to pay employees. Add in other costs and taxes, and where's the huge profit margin which has been suggested on this thread?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next