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To: LANCE B who wrote (563)7/8/1998 11:53:00 PM
From: Striyker  Read Replies (1) | Respond to of 906
 
Thanks for the help. As far as seven minutes goes, I was being a little facisious with my reply. I will look into it as you said. Didn't mean to make it sound that way. I do try to research stocks as much as I can, but sometimes time doesn't permit and then it's too late. I have to admit though, that my lack of research has got me burnt in the last couple of day's and I am learning every step of the way. Thanks again!

Striyker



To: LANCE B who wrote (563)7/9/1998 12:03:00 AM
From: Daniel Miller  Read Replies (1) | Respond to of 906
 
I recieved this in my email. I found it quite interesting. Felt like sharing.

I want you to take a look at TWRI at yahoo and clik the Profile..
this is where i think MPTV is heading to!
Their income/profit is approx 15% of gross revenues!

Now, lets do some analysis on MPTV (i borrow some info from other
postings),,, Vegas only:

- 175 units
- multiply that by an average of $10,000/unit because some portion
of the units will be sold wholesale -- retail is $12000 approx.
- times 52 week

we have: 175x10000x52= $91 mil. gross revenues per Year
clean profit(income )= 15% x 91mm = $13.65 mm

assume they have 300mm shares outstanding,,
thus the earning per shaer (eps) = 13.65/300 = 4.5 cents

-----

Compare that to TWRI and other timesharing co. (mentioned at the
first 10 posts of mptv thread at si)... their average p/e=price to
earning ratio is 10,

thus per share price should be: 10 x 4.5 cents = 45 cents just for
Vegas!

----

MPTV has other properties: Calif. hawaii... and who knows whats next!

----

Now, somebody mentioned that when they were selling they had an
average about 1000 visitors per week, with 10-20% of them ended up
buying the timeshare..
so on average they could sell that 175 unit/week.

to sell all 52 week.. it wil just take them about 1 year.

BUT, remember they are also selling these units wholesale as someone
mentioned recently,,, and thru other channels.

--> my gut is telling me that by dec.98 they should sell 75% of all
the vegas units!

But investors will grab mptv like hot cakes BEFORE this year ends..
so we should see AT LEAST 50 cents by nov/dec.. my opinion and
analysis... remember investing is 50-75% psychology and perception,,,
when people perceive vegas, calif, hawaii.. thats the whole picture!

Vegas is the key!
Once vegas is brewing investors will jump in.
The reason is with Vegas people can 'picture that in their minds.

People have mentioned about reverse split.
as you might know, 95% of the time reverse split is not good!
BUT, this is a situation where a reverse split could actually have
a positive impact rather than negative
The reason is: EARNINGS ... as long as vegas is earnign money,
investors dont care if we have 300 mil or 30 mil shares outstanding

say 300mm shares at 40 cent price
reverse split 30mm we will have $4.0 share price.
BUT this $4.- is supported by earnings! end of story case closed ;-)