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Technology Stocks : Log On America, Inc. LOAX

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To: David R.Paolo who wrote ()4/6/1999 12:25:00 AM
From: Glenn Petersen   of 353
 
Assume that each of LOAX's customers generated an average of $175 in revenues during 1998. This average is based on a review of the SEC filings of a variety of publicly held ISPs. If you take the sum of the "dial-up" and "dedicated access service" revenues recognized by LOAX during 1998, $675,237, and divide by $175, you would have to assume that LOAX had approximately 3,900 customers at the end of 1998. Is this a reasonable number? Thank you in advance for your response.
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