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Technology Stocks : PSIX up 26.5%, Takeover(?) -- Ignore unavailable to you. Want to Upgrade?


To: Teknvstr who wrote (1959)2/1/1998 4:21:00 PM
From: wtett  Read Replies (1) | Respond to of 5650
 
Actually, the revenue projections should run something like $240 in 1998, 480 in 1999, and 900 in 2000. Bill has publicly stated an objective as 100% revenue growth each year for the next three years. I just hope he's not being too optimistic again.



To: Teknvstr who wrote (1959)2/4/1998 9:23:00 AM
From: Randy Tidd  Read Replies (1) | Respond to of 5650
 
> In my opinion, in 2 years this company can do well over 300 million

Upon what do you base this? I've owned and have been tracking PSIX for a little over 2 years now. It's been quite a bumpy ride. I agree that Schraeder either has vision or is a total whacko.

But I don't know about this company doing $300M in revenue in 2 years. Even if they do, they have shown increasing revenues and faster increasing costs up to this point. They have been calling this "investment in infrastructure" but there is a lot of red ink on their balance sheet.

What numbers are you looking at to project their revenue out to $300M?

Randy