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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?


To: Robert Calusdian who wrote (1766)4/7/1998 11:08:00 AM
From: brad greene  Respond to of 5847
 
Rob,

Very good points. Most of us are "show me the money" guys too. In this case...it is "show me how you are going to make the money"...guys. Our view of the market for laptops and hardcases is visionary, rather than based on any hard analysis.

We are in the process of making sure the share count is correct. 7.5 million is the total we are using. The company has told us this number many times. We believe them......but you never know. They are not a reporting company.

Airline travelers are a big market segment. One of the changes going forward that the business traveler must face is the 2 carry-on bag limit. Today, the non-bag checking business traveler has 3 bags. The garment bag, the briefcase....and the laptop diaper bag. One must go. I think it will be the diaper bag. Walking into a business meeting and using a diaper bag as a briefcase will not be the choice of the business person.

On the numbers.....If BANY can do $3 million in sales......this would be a 1,000% increase year to year.......at 3x sales..(remember how fast the sales growth is)......this would create a $9 million market cap...or $1.25 per share.

However, Rob.....If BANY can do $3 million......It will be PE you would be looking at......Then things would get interesting. This company is break-even at about $500,000 in sales.

No doubt the company must show how they are going to do this. At this point......ya either think they can...or ya think they can't. I'm looking for company news that will show they can.

A few of us think they can......which is why we own the stock and post here....and are buying more.

bg