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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR)

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To: Neil Irwin who wrote (1633)9/19/1998 11:15:00 PM
From: Neil Irwin  Read Replies (2) of 2444
 
FWIW... Based on the first quarter results (ancient news) and the statement that sales have been increasing by 20%, it's easy to work out what to expect for current monthly sales:

September: $161,755 (annual rate = $1,941,000)
December: $279,514 (annual rate = $3,354,000)

If sales continue to increase at 20% per month , sales in 1999 would be $13,276,000! Although it's unlikely that sales would increase at this amount for a sustained period of time, we have no idea what stage of the curve NIR is currently at (start-up, growth, maturity).

Just my two cents worth.
Neil.
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