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Technology Stocks : CSGI ...READY FOR TAKE-OFF! -- Ignore unavailable to you. Want to Upgrade?

To: feltburner who wrote (2154)	1/15/1998 12:32:00 PM
From: tech	Read Replies (1) \| Respond to of 3391

nope, you are dead wrong. the recent contracts did not fall in Q2 results. Lets take a look: LSI - 3 million lines of code involving migration and y2k conversion. at a extremely cheap .25 per line that would = $750,000 INSI - 1.5 million lines of code - at .20 per line = $300,000 IDP - 1.6 million lines of code - at .20 per line = 320,000 Strategia - 1 million lines of code - at .20 per line = 200,000 just these contracts alone at .20 per line would add up to more than $1.5 million. Never mind the contracts that are coming down the road, from the alliance partners and the potential for a contract with Motorola. CSGI's Q3 should be positive. I even used very aggressive pricing and once the flood gates open the price per line will shoot up. CSGI has seven alliance partners and if each of them only brought in 12 million lines of code (a pathetically low est.) in all of 1998, that would add up to 84 million lines just from the partners. If CSGI could get an additional 16 million lines of code by themselves (they already have gotten more than 7 million and they are getting more business every day) then we would be looking at 100 million lines of code. 100 million lines converted at an avg. price of $.30 for all of 1998, would be more than $30 million in revenues. $30 million in revenues - $4 million in expenses = NET $26 Million $26 million / 16 million shares outstanding = an eps of $1.63 even at a low PE of x 20 that would give them a stock price of $32.60 STAY TUNED!