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To: R. Jaynes who wrote (7266)3/19/1998 3:16:00 PM
From: Hockeyfan  Read Replies (4) | Respond to of 26039
 
Quick Thoughts...

1) I am afraid that Morpho will use its Morphoscan, the same one used for the Arizona welfare contract, for the Phillipines application.

2) I estimate the value of the NASD announcement as:

1,000 clicks per center X $30 per click = $30,000
TP600 leasing + misc. (high estimate) = 20,000
Net profit 10,000
# of centers X 250
Total profit $2,500,000
Profit split X 50%
tax-adjust X 65%
# of shares 25 million

Annual Income per share contribution 3.25 cents

What is most significant from this announcement is that Randy said that all Sylvan JV centers will be profitable from day one. This single contract will cover all fixed costs and produce a profit for 250 centers in the U.S.

EVERY ADDITIONAL CONTRACT WILL BE GRAVY !!!

This is not a one-time contract. This represents a perpetual stream of per-click income!

Every stockbroker in the U.S. will soon know our name !! The 250,000 number may go up with the NASDAQ/AMEX merger !!!