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Microcap & Penny Stocks : clyc--Projected 97 sales $600mil, 96 sales $5mil

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To: Derald Muniz who wrote (3)2/11/1997 2:54:00 PM
From: Curtis Fox   of 368
 
I do agree that the pre paid phone card business is competitive, but CLYC has an edge over thier competitors because thier cards have a sweepstakes attached to it for no additional charge. I also agree about the growth, but even if they only do 10% of what is projected that still is $60mil in revenues and $6-7 mil to the bottom line. That works out to almost a $1 per share in net income. The phone card business is new to CLYC and they are just starting to ship the cards to intersted vendors. One contract in particular, which was announced in Jan. 97, stated that CLYC thinks this will produce $10mil a month.

I think the float is around 7 mil, not sure though. You can call the company and find out.
Just wanted to pass on a potential winner.
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