To: Sir Auric Goldfinger who wrote (45 ) 2/28/2000 9:04:00 PM From: Francois Goelo Read Replies (2) | Respond to of 1992
You FRY AURIBLE.... *$*$* SEVU: some FINANCIAL PROJECTIONS *$*$* I have estimated USA sales at 10 Millions and Worldwide sales at 50 millions units over a 10 years period, starting at 500,000 in the first year and increasing exponentially from there... I believe most of the International production will be under franchise to other Companies and therefore should be less profitable... What will retail for $299.00 should be sold wholesale to the likes of Home Depot at around $180.00... Cost of Production in large quantities should be less than half that and I figure, between direct sales at full profit, wholesale and international sales, SEVU should NET to the bottom line between $50.00 and $60.00 per unit for the basic model... Colour, two-way sound and remote Internet accessibility would add substantially to that... If one uses a PE of 50, due to the exceptional growth rate, the figures become quickly mind boggling... SEVU expects to sell 20,000 underwater cameras in 2000 at between $400.00 and $800.00 a piece, leaving at least $125.00 net to the bottom line, or 2.5 Millions... IF they sell 500,000 "Secureview", as anticipated, that's another $30 Millions to the bottom line at $60.00 net profit per unit... $32.5 Millions divided by 10.3 Millions shares is just over $3.00 EPS... Multiply that by the PE and you get the POTENTIAL share price by the end of 2000, IF everything goes well.... Disclaimer: This is only the personal opinion of a potentially biased long, not a recommendation and no responsibility is accepted for errors or omissions... Would-be investors should carry out extensive Due Diligence and only invest what they can afford to lose... JMHO, F. Goelo + + +