To: Matt Brown who wrote (4947 ) 3/15/2000 11:19:00 AM From: Jeff Guy Read Replies (1) | Respond to of 5041
Here's a good post on NTCS that was made on deja.com. Very good potential FATT. Here are some figures that I have which are, to the best of my knowledge, sound figures. Bear in mind that I?m using what I feel are conservative figures. ú NTCS currently has approximately 75 clients ú NTCS officially became a company on Jan 4, 2000 ú So they have added 25 clients per month so far ú NTCS charges $2,500 to $35,000 per month for their services depending upon level of service, and upwards of $100,000 in rare cases of crisis management ú I will use an $8,000 average to figure income. According to Victor Holtrof, COO ( reference vcall) most clients upgrade their service level once they see how powerful the technology is ú If clients continue to be added at the rate of 25 per month, Netcurrents will have 300 clients by years end. The goal and projections are to have 500 clients by years end ú 300 clients x $8,000 per month = $2.4M in revs per month * 12 months = $28.8M revs annually (remember, these are the conservative numbers) ú Now lets stretch that to what the projections are calling for. Using the conservative $8K per month service level: 500 x $8K = $4M /month x 12 months = $48M ú All this from a company with a market cap of $158.5M as of Friday?s close. ú Numerous other applications for the real-time search engine could generate additional revenue (see www.auctionmine.com , which is owned by NTCS). Stocks get manipulated every day on the net. It happens because it?s easy to do, and the people that are responsible can usually make a tidy profit by doing so. In addition to the unscrupulous activity of manipulating stocks, there are times at which the bashers and rumormongers don?t want to capitalize in a monetary way, but wish to hurt the company for various other reasons. What Netcurrents offers is for companies to take back control of their companies? public image and stop the untruths that are perpetrated against them. Netcurrents monitors over 50,000 chat rooms, newsgroups and other places where people share information, and responds, usually within minutes, with the facts and links to such facts if they are applicable. They have a proactive approach, not a reactive one. The average cost to a company at $8K per month is $96K per year. That is a small price to pay when we consider the implications that false rumors and bashing have upon a companies? stock, and worse, their image. I think that companies will be running to Netcurrents once the word gets out. With the advertisements in the Wall Street Journal and Red Herring publications, word is getting out fast. I?ve seen the technology at work first hand, and can tell you, it is very impressive.