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Non-Tech : Ontro (ONTR)
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To: Ward who wrote (38)7/15/1998 12:59:00 PM
From: TheDuke  Read Replies (1) of 46
 
The full BASES study (Booze Allen Sales Estimating System) should
be out before the end of July. Ontro will then make a presentation of
these results to Nestle. We have reason to believe the results of
the study project a high volume acceptance of the products. Nestle will then have 60 days to pay the licensing fee or fees. This should be a minimum of $5 million.

That fee is pure profit to Ontro. At what p/e level do we place on
that first order? 20X? 30X? There are 6 1/2 million shares outstanding. You do the math.

We have seen small retail selling in the stock. Institutions will be
buying when Nestle comes on board.
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