To: David Culver who wrote (235 ) 3/4/1998 3:43:00 PM From: Johnny X Read Replies (1) | Respond to of 453
Your question is a good one, however I think you need to think as someone with a new product line thinks: that is, you don't give out information that will help the competition. It's just good business sense. I know this from when I was researching a business once, and found all those in it close-mouthed. In that case, I was able to get the information from other, peripheral sources, and the close-mouthed business people must have known that, but still they did nothing to give me an advantage. This is much more true for a new product line; you don't tell the competitors how much you're making per unit. Eventually, it can be figured out but as long as possible, you keep it to yourself. I wouldn't even presume to ask about this now (though I think I unthinkingly did ask once), and I especially wouldn't post it. In any case, the impact of going from 1 million in sales to 6 million in sales is going to, well, have an impact. And they expect another five million elsewhere, but that's still being worked on. I could give you my own figures on what I think they will be making per share in one year, but they would be just that: my figures. I guess it's obvious I think they will no longer be a penny stock. Of course, worthy of note, the larger the amount of sales the lower the per unit price. This is true on all counts, from the product mix, the bottling charges, and transportation costs. So that margin will get better and better with the increased sales. I hope everyone, lurkers included, are having a nice day and week! It's beautiful here in sunny California, a spring day, flowers and trees in full bloom, including thousands of acres of orchards. Think I'll get out and go for a drive. Have a nice one!