Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?

To: Nittany Lion who wrote (5585)	12/16/1997 7:00:00 AM
From: Jonathan Bulkeley	Respond to of 10368

BINGO website I have to say after touring around the BNGO website today, I'm more and more impressed with the companys Investor relations. The Q&A section is excellent. I recommend it highly for anyone who hasn't been there yet, although I'm sure most have already made a stop. Jonathan

To: Nittany Lion who wrote (5585)	12/16/1997 7:28:00 AM
From: Jonathan Bulkeley	Read Replies (1) \| Respond to of 10368

More from the website....... Based on the figures handed out in the Q&A section. The math and valuation of the company seem fairly easy. 18 Bingo centers: $100,000 pre-tax profit per (low end). $1.8 mil pretax profit. 700 VGMs (including Darlingtons): $5000 pretax profit per machine (low end). $3.5 mil pretax profit Add those together and you get $5.3 pretax profit on existing continuing operations. 35% taxes=Net Income of $3.4 mil I'm buying more :) Jonathan