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To: woody who wrote (5348)5/20/1998 10:24:00 AM
From: Malko  Read Replies (1) | Respond to of 8242
 
If only everyone could read your post, it would help.



To: woody who wrote (5348)5/20/1998 10:40:00 AM
From: rabbit  Read Replies (3) | Respond to of 8242
 
Besides all the argument, do we have an honest to god estimate where the stock price should be?

Let's say the company signed up 50,000 customers by the end of the fiscal year, that's a revenue of $18mil. Since it has really low cost of running the business, we assume a net profit of 50% (pure speculation), that translates to $0.24 EPS ($9mil/37mil. shr.)

Now, let's assume a P/E of 40 (considering Ktel exercises a P/E of 286, this looks very conservative to me), the stock price should be $9.5.

What do you think?