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Technology Stocks : George Gilder - Forbes ASAP
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To: cheryl williamson who wrote (874)12/12/1998 3:03:00 PM
From: Bruce Jordan  Read Replies (1) of 5853
 
I think you need to look at that math again.

By my computations,

"1 billion smart cards over 10 years @.25 royalty per unit"

would be $250 million per year, or $2.5 billion total
not "$25 million per year."

and

"50,000 E-5000's sold to service the Java-based smart cards
(1 server per 20,000 customers) @$500,000 per unit

would be $25 billion TOTAL (taking your estimate of "1 server per 20,000 customers", that only equals 50,000 E-5000's if your customer count is the ten year total of 1 billion)

$2.5 billion vs $25 billion, or a factor of 10, not 100 times better.
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