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To: Warthog who wrote (2362)1/31/1998 9:29:00 AM
From: Double Dipper  Read Replies (1) | Respond to of 27968
 
I have a couple of questions regarding the fundamentals as listed
in that very informative post.

It was stated that myriad had 45-60MM in contracts, of which 38M were
long term contracts. Why would a company with that kind of revenue
be sold for the reported 2.5MM in shares, selling at .30 cents
plus 350K in cash and debt assumption for 1.5M. Am I missing something or are these numbers out of whack with reality. Secondly, the 38M in long term contracts. Who are they with? Do they count/list a company as a client because they might have sent one person to that company at some point during the year?

I am not torpedo'ing anyone's integrity here. Just questioning
the substance of information being claimed by the company. I think
a good question for the spokesperson would be to determine who the
long term contracts are with. This will show a steady stream of
revenues for the future. Speculate on the amount of revenue generated from paid advertisement and new acquisitions being planned
but need to feel comfortable with the hard in the pocket revenues.

I am on the sidelines but watching intently.

Will await your responses.

Kevin