JNNE - Jones Naughton Profits Via Mass Market Retailers Message Board

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Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers

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To: Jay D. who wrote (3435)	2/23/1999 2:38:00 PM
From: tannis70	Read Replies (2) of 4624

I will use some conservative numbers to give you to think about. This is information gathered from previous posts and talking with Pat Rost. The average kiosk generates $24,000 a year. Maintenance is 1,500 a year. This puts us at $22,500. Cost of Machine $12,500 (about) This would put us at $10,000. These are vender financed and make their own payments. Let's go ahead and be conservative and take $2,000 away for vender financing interest and unseen expenses. This would put us at $8,000 a kiosk. Let's take 5,000 locations with only 1 kiosk (or just 5,000 kiosk. 5,000 times 8,000 is 40 million divided by 60 million outstanding shares is 66 cents a share times only a 5 p/e ( I am trying to be very conservative) We are over 3 dollars a share. I think this is something you should hold long IMHO. I hope this helps. It is exciting to see some movement. Good luck. Go JNNE. tannis70 Jimmy Reynolds

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