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Technology Stocks : Netgateway - NGWY
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To: Dean Dumont who wrote (35)3/30/1999 10:52:00 AM
From: LT  Read Replies (1) of 66
 
Hello Dean,

The last count I had on NGWY's revs for this year were in the 20 to 25 mil ballpark. That was prior to the last 2 contracts and now this......The Real Estate business doesn't deal in small dollars in the state of California<GGGGGG>.

This is truly an interesting internet play. They have some obstacles to overcome but I know they are working on them. Form 10 filing to become reporting, S1 registration and then a listing are all things that need to be done and are in the pipeline. As for making money, IF I remember correctly, they need to run that 20 to 25 mil to break even from an eps standpoint but that was prior to the latest contracts. I don't know yet how those add to the rev base to get even but I'll bet it isn't as much as they will make<GGGGG>.

TTYL

Lou....Okie but not from Muskogee
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