SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sprintcar who wrote (4076)3/5/1999 7:23:00 AM
From: Bo Le  Read Replies (1) of 4624
 
Zeev and Sprintcar, here is my thinking why JNNE could worth $10 and more.

Wall Street value an internet service subscriber (paying $20 a month) at about $2000 - $4000 (You can figure out this by looking at market cap on AOL, Mindspring, PRGY, and even PWCC).

Now suppose a Kiosks generates $20 a day (which is a lot lower based on many previous posts, some say $24000 a year = $65 per day), i.e., $600 a month. We further assume that there are 30 kiosks users each day (this is low assumption also --- just think how many people use a pay phone each day at a hotel). By the way 30 users only generate $20 implies per minute charge is very very low ( around 5 cents a minutes if assuming 10 - 15 minutes each user.). So by either counting the eye balls (number of users) or cash flow, we can value each kiosks at 30 times internet service subscriber because it has 30 times eye balls and 30 times cash flow comparing to a topical internet access account. That is, each kiosks should worth $60000 --- $120000. Since JNNE is going to own 10000 kiosks, that will be a market cap 600 million to 1.2 billion. In other words, $10 to $20 a share, because there are about 60 million JNNE shares outstanding.

If you use the figure that a kiosks generates $60 a day, then you could value future JNNE at $30 - $60 a share.

Just my two cents.

BL


Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext