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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?

To: WM. S. TREADWAY who wrote (5266)	8/5/1998 12:38:00 PM
From: John Chapman	Respond to of 7491

Good point. Jason's post said $5m after startup costs out of $15m revenues. Assuming this is for the first year, start up costs could negate any earnings from the litter from now until at least December 31. It could even eat into the .03 from the Y2K as you suggested. If this is true then the $5m would have to come from sales during the first half of 99 if the $5m is to be realized by June 99. If a 33% profit ratio is being estimated for the first year which includes startup costs, I wonder what the profit ratio will be beyond that when there are little startup costs. I think I remember a post somewhere back there that said a 100% profit ratio.

To: WM. S. TREADWAY who wrote (5266)	8/5/1998 1:02:00 PM
From: John Chapman	Read Replies (1) \| Respond to of 7491

Playing with numbers - lets see $5m for the first year gives $0.248 per share in profits for the first year on the litter alone. At he current bid of .17 that gives a forward PE of 0.69 based on the litter alone. At a PE of 10 the price would be $2.48 on the litter alone. Next year things could get interesting around here if things come about. Many posts have said the litter is where it is at and one can see why. Of course if they don't then?? But then earnings from the Chat software ??? Cats will keep poopping (Is that how you spell it) no matter what happens to our PC's and we will keeping chatting if they still work.