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Technology Stocks : CSGI ...READY FOR TAKE-OFF!
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To: HERB MILLER who wrote (3130)7/15/1998 10:24:00 AM
From: angel   of 3391
 
I have come up with my earnings estimation for CSGI and want others to comment if they think I am going to be right. Last quarter they made $285,000 and there was many things going on but not finished. I read on the Yahoo thread this from Tech:
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UNBELIEVABLE!

Anyone,.... I mean ANYONE! who knows anything about these companies and how projects are billed would know that companies don't bill the whole project at once.

The projects are billed on a as you complete basis and in some cases (such as ALYD) the bulk of the payment is made AFTER the project is finished.
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I am thinking to be conservative and say each one of the five on average gave CSGI $200,000. Then I add in miscellaneous amounts from companies that were not allowed to be announced since I hear this is very often true in Y2K. So my estimate for the earnings about to come out is $1,200,000. I think this will make $5 a share possible even though I now know this will make the company worth 85 million which is very high in general but not for a Year 2000 stock. Can everyone agree this is very possible? Does anyone think the earnings will not be more than a million???
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