Autotote Corp (TTE) --- Computerized wagering equipment 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 : Autotote Corp (TTE) --- Computerized wagering equipment

TTE 62.29

+1.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dawgfool who wrote (56)	9/15/1998 9:21:00 AM
From: Dawgfool	Read Replies (2) of 124

Got interrupted, let me finish previous. Their business is one of substantial start-up cost with any new customer and then new accts become profitable in second year- or at least that's what I believe. With volume of new business, I would expect limited profitability for remainder of '98 but a rapid rebound starting in 1st QTR of '99. TTE has major fixed cost component of cost structure. This should mean that incremental revenue will have much higher margin and profit growth should be excellent. This entire analysis is based on a assumption that they have been bidding business appropriately. If they have been bidding right, this is a slam dunk. If not, I still think it has limited downside. Market share is a wonderful thing and insulates many evils. Just ask IBM.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next