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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?


To: Phxphenom who wrote (33644)8/18/1999 9:56:00 PM
From: Suzanne Newsome  Respond to of 44908
 
Marc, let's round my number to $80 million. Remember that this is a gross profit projection, not a gross revenue nor a net profit projection. My numbers for card revenue include only the portion that goes to TSIG. The numbers for CD revenue are ususally the $1.00 per CD profit. What must be subtracted from the $80 million figure are general operating costs, i.e. rent, salaries, phone, etc. With the estimate for Lifetime Learning ramped down so severely, I am comfortable with expenses of $18 million per year ($1.5 million per month).......Thus $80 less $18 is $62 million. I know you are trying to be conservative by using the 300 million shares. I've spent some time with these numbers, and I don't believe the share total is going over 200 million (I hope it will be much less). At any rate, $62 million net profit divided by 200 million shares equals $.31 per share. This, of course, applies only to my hypothetical year, 7/1/99--6/30/00. Regards, Suzanne