BING Message Board - Msg: 4581109

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.

Non-Tech : BING

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext

To: John S. Green who wrote ()	5/24/1998 8:35:00 PM
From: puzzlecraft	Read Replies (1) of 49

John, I recently came across this one. Could be because it is a BB stock, it hasn't attracted wider attention. BING has said they make $500 per quarter per machine, and that they plan to continue installing them at the rate of 50 per month (earlier they said 100 per month, but I suspect they can't have them made fast enough). They already have more than 300 installed in just 3 states and they have the exclusive distribution rights for U.S. and Canada. I figure they should make 22 cents or so this year... and at the same 50-per-month install rate quite a bit more next year. So at $1.00 bid, 1.0625 ask, the stock appears substantially undervalued, looking forward. Guess you saw friday's (May 22) PR saying the co. plans to buy back 1/2 million shares. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext