SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII) -- Ignore unavailable to you. Want to Upgrade?


To: chirodoc who wrote (4043)5/13/2000 12:55:00 AM
From: Prospector  Read Replies (1) | Respond to of 6039
 
Thoughts on Dilution....

People seem to be concerned about dilution, as if 100M shares were going to hit the street by the first of July. That will not happen. Management is just as concerned about dilution as other shareholders. They know that they are affected by dilution just as much (often on a larger scale) than other investors.

An important consideration is the company's ability to attract and retain the kind of talent that is needed to ensure success. Because of tax laws and other considerations, stock and options plays an important role in the compensation package for key personnel.

We need to remember also that the speed with which the company can roll out product is directly related to the resources that are available. Cash is one resource. The company could choose to use the current cash until revenues are available to "self fund" company expansion. Or the company could choose to use debt financing, equity resources and revenue in order to make a big entrance to ensure capturing a market.

In addition, there are many instances in the wheeling and dealing of corporate affairs where stock is more valuable than the cash equivalent because of opportunities for relationships or to leverage resources. To ask management to work with cash only is like having a prizefighter go into the ring with one hand tied behind his back.

It took the company 13 years to go through the first 100M authorized, most of it way below $1 in the early days. Based on where CTI started, what has been accomplished to date and what will be accomplished with the money in the bank, the first 100M went pretty far. Last year the company had to sell 2 shares of stock for every dollar it needed. Now that was dilution. Today it would get $8 for every share. With that math, the next 100M will go a long, long way, even farther when we are $10, $20 or $50. Don't expect it to hit the street anytime soon. The company knows that it is more valuable to them in the future.

Prospector....



To: chirodoc who wrote (4043)5/23/2000 2:40:00 PM
From: chirodoc  Read Replies (1) | Respond to of 6039
 
5/23----------------NEW INVESTORS---------------------

WELCOME TO A BEAR MARKET.

ALMOST ALL STOCKS ARE TROUBLED IN THIS TYPE OF ENVIRONMENT, ESPECIALLY THOSE WITH HIGH P/E's AND NO EARNINGS. UNLESS YOU WERE SHREWED ENOUGH TO BUY INTO "OLD ECONOMY" STOCKS IN JANUARY AND FEBRUARY, YOU HAVE BEEN HIT BY THIS WAVE OF SELLING.

HOWEVER, THE LONG TERM INVESTOR MADE ALMOST NOTHING IN THE PAPERS, AIRLINES, ETC. OVER THE LAST 10 YEARS, WHEREAS NEW ECONOMY STOCKS HAVE HAD AN ALMOST CONTINUOUS, SPECTACULAR UPTREND. DON'T FORGET THAT COII IS UP AN ASTOUNDING 800+% OVER THE LAST YEAR!!!!!

STOCKS LIKE COII WILL EXPERIENCE COMPRESSION BY THIS TYPE OF FEARFUL SELLING. ONCE THE FED SIGNALS THAT IT IS DONE RAISING RATES, THE BEST NEW ECONOMY STOCKS, LIKE COII WILL BE OFF TO THE RACES AGAIN.

MY GUESS: WE ARE CLOSER TO THE BOTTOM THAN THE TOP AND SELLING AT THIS POINT HAS A HIGHER RISK THAN REWARD. HOWEVER, THIS BOTTOM COULD LAST AT LEAST THROUGH THE SUMMER AND COII COULD DROP MORE BEFORE RALLYING ON GOOD NEWS AND EVEN A TAD OF MARKET OPTIMISM.

The Annual Meeting of Stockholders (the "Annual Meeting") of Computerized Thermal Imaging, Inc. will be held in the Golden Gate "C" Room of the Marriott Hotel Downtown, 55 Fourth Street, San Francisco, CA 94103 on June 27, 2000 at 2 P.M. PST.

It should be a great evening. Meet all of your old friends here on the board--see what everyone actully looks like! Learn more about this great company's future. I will be there, of course.

COII IS UP ABOUT 900% IN THE PAST YEAR. NOW IT HAS SETTLED INTO A TRADING RANGE BETWEEN 8-9. THIS IS A GREAT TIME TO BUY. EACH WEEK THAT PASSES BRINGS US CLOSER TO NEWS THAT WILL CAUSE US TO ROCKET HIGHER. IF YOU WANT MORE SHARES DOLLAR COST AVERAGE IN OVER THE NEXT 1-2 MONTHS. AFTER THAT, THE PRICE SHOULD BE SIGNIFICANTLY HIGHER.

MY GUESS ABOUT THE PIPELINE:
module 2 was sent back to coii for "minor" revisions.
modules 3 is in!
4 going in very soon, 1 month?
foreign sales coming right up
nasdaq approval within 1-2 months
these are just my guesses--i could be right or wrong
---------------------------------------------------------
COII (CTI) is the leader in the emerging field of thermal medical imaging.

They will be first to market with a computerized thermal imaging system to be used inititally as an adjunct to mammography. They have at least a one year head start on all competitors. Orders from foreign countries are already being taken(we assume)and they have plenty of
funding for a fast and furious national roll-out.

CTI will help stop the breast cancer epidemic. Then, they will become major players in the diagnosis of back/neck
pain(work injuries), followed by many other potential areas such as dermatology, cardioloigy, etc.

Their breast cancer detection system should be approved by summer/fall 2000.

Use these links to help you in your study of COII.

1. Go to the Silicon Investor "research" thread and read the last 5-15 posts, at least.

Subject 21613

2. Go to the company website and study it--especially the thermal images of cancer vs. normal tissue..see news release from Feb. for images:

cti-net.com

3. Go to the yahoo COII "profile"

biz.yahoo.com

4. CTI may eventually replace mammography as the screening of choice for breast cancer--then it could be back/neck
pain, melanoma, etc.

CTI's EARNING POTENTIAL (CONSERVATIVE)?

Let's assume that 1-2 years after approval:
300 imaging centers X 200,000-400,000 net/system = 60M net

note: this is conservative. it is possible they could make FAR more per system. think about it: they can process 4-6 ladies per hour. each breast will NET around $30, with most women having both done for total of $60 per exam.

$50 x 4/hour x 8 hr. day x 6 days/week x 50 weeks/yr. =
NET of 480,000 per year.

Then assume they sell sell 200 systems x 250,000 net = 50M NET ONE YEAR AFTER APPROVAL = $110M
ASSUME 110M SHARES OUTSTANDING GIVES US $1/SHARE

So if we assume that they have a p/e of 50 during the first couple years (this would drop to 25 after 1-2 years) it would give a stock price of:

$50 with a 50 p/e

My one year price projection after approval is $50
My 2-3 year projection is $100
My 5+ year prjection is $200

These are all back of the envelope estimates and have no guidance from the company. I will update these estimates as
time progresses. If anyone has any suggestions, please let me know. Please realize that all of these computations are
very conservative.

CTI will have a great run for at least 2-3 years. The long term investor wins with CTI.