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Microcap & Penny Stocks : INNI-I/NET -- Ignore unavailable to you. Want to Upgrade?


To: Trace who wrote (116)6/7/1998 2:43:00 PM
From: Yongzhi Yang  Read Replies (1) | Respond to of 1856
 
I am hoping that the price will reach $1 around the end of July (assuming no other news release before that time). The long term projection is above $10. But I think that will only come if the 3rd, 4th quarter earning report confirm the sales projection. It's still not clear to me how much revenue will the Career/Net and other consulting business bring. The only thing we know that is I/NET will receive $0.5MM for maintaining IBM AS/400 web site in next 12 months. Half million here and there may add up and change the earning picture. Since Career/Net is just started, I will wait till next quarter to call the company to find out how Career/Net is doing. I have no doubt that it will bring in revenue from both Career/Net web site subscription fee and the selling of Career/Net software to customers such CitiBankd and PageNet. The question is how much revenue will it bring. All these are just my humble opinion, of course.

Yongzhi (waiting patiently for the 3rd quarter to come)