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Non-Tech : INVT - Investamerica, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: hammer who wrote (26)	11/1/1999 12:42:00 AM
From: Elonora	Respond to of 214

Hammer, according to a conversation I had on Friday with CEO Kipps of INVT, FibrX already has in the bag a $30 million contract. Several other contracts are pending. Now this is my analysis: assume a 20% profit margin on that contract to be conservative...that would net the new entity $6 million. Which would give about $.61 earnings per share (9.8 million shares o/s). At a conservative EPS ratio of 10 we are looking at what...a $6.10 stock? Now I am guessing there will have to be some dilution of INVT stock during the reverse merger. About how much? Say another 10 million shares issued? So let's revise our figures, to account for a fully diluted company at 19.8 million shares.That would give an EPS of $.30 and an EPS valuation at 10X of $3.00. An EPS ratio of 20X yields $6.00. AND THIS IS JUST WITH THE ONE CONTRACT THAT IS A DONE DEAL. With other contracts over the next few months, this stock is going into the double digit dollars and moving off the OTC on to NASDAQ very quickly. Be excited. Be very excited.