Mitch, CLARIFICATION OF NEWS RELEASE......I just massaged the numbers, and about melted my calculator, so I called Frank to see if I was poking the correct figures........Hang on to your bam-bushka's!!!!!!
Each T1 has the capacity of 250 customers x 84 T1 = 21000 customers x
$30 per month x 12 months = $7.56 million per year, but here's the real kicker. This capacity may be filled by February, that means 630k per month in revs, ASAP and they have more lines on order. So that's just for starters.
ON TOP OF THAT, FTEL will be selling the hardware to FNET, in other words it's a vertical operation, and to top that off, they have to stand in line to get the equipment because it is TOTALLY OVERBOOKED (Californian expression).
NOW IF THAT AIN'T ENOUGH, the Cyclone comes into play on schedule, February.
What's it all mean $$$$$$$$$$$$$$$ about $30 mill when all is said and done, and that ain't hay.
Do you think it's worth a few bucks? Feel sorry for the poor smoes that were just selling this morning, what your looking at translates into a conservative .60 EPS and at a 10 P/E makes this a $6.00 stock and that doesn't even figure in the value of FNET IPO.
Frank, if your out there, let me know if I missed something in this calculation, and if you plan to stop by on my roof, remember, here in OHIO we use our fireplaces, but the cookies and milk are out.
Thanks for the XMAS present, I know it will be a Happy New Year!
RB |
