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Gold/Mining/Energy : Diversinet ( DVNTF / DVNT ) aka -- Ignore unavailable to you. Want to Upgrade?

To: BigGuy who wrote (696)	7/8/1998 6:08:00 PM
From: Justin Franks	Read Replies (1) \| Respond to of 1242

it looks like DVNTF's pop is in relationship to WARPF.

To: BigGuy who wrote (696)	7/8/1998 6:13:00 PM
From: Rite Aid	Read Replies (1) \| Respond to of 1242

My first post with revenue forecasts indicated that DVNTF will have steady annual expenses of about $2.5 million. On revs $ 8 million for 2/99 that implies a pretax net of $5.5 million or 30 cents a share. On 2/2000 revs of $25 million the pretax profit is $22.5 million or $1.50 per share. Adjusting for US $ and a 35% tax rate you get after tax profits of 13 cents and 65 cents. If DVNTF sold at VRSN market cap the price would be north of 30. VRSN is operating at a loss. Considering that DVNTF is holding discussions with more than 50 prospects, more big contracts will be announced soon. The market cap of DVNTF will move up rapidly to the VRSN level.