To: De Peepster who wrote (9239 ) 12/21/1998 10:12:00 PM From: Radim Parchansky Read Replies (1) | Respond to of 15313
Barbara, I have no details on 1.5 mill but Michael pointed out that this 1.5 mill is out of the projected 5 mill, meaning the year has not even started yet and they already have a nice revenues coming. Those five mills then must be conservative estimate IMO. Customers on-line? It takes 30-60 days to start receiving revenues from the time new customer starts to use it, some of them had free-trial (also video) and now those accounts will be chargeable. Michael felt very good about the meeting and next year. If each Q grows exponentially then five mills is very underestimated but on the other hand so far FNTN was rather behind some milestones, so it remains to be seen. Tomorrow FNTN web site will have short video version of today's meeting as well as some additional financial info (if I recall well). This years revenues were in low hundreds and using those numbers as reflected in the current stock price the next 12 months the price should be in 10's (based on 400,000 (my guess for "low" 100's) and 5 mill in 99) and this does not take into account market recognition of FNTN as another promising Internet stock, then 10,20,30,50,60... per a share would be consistent with some other successful companies. What we've seen to date was only start-up company development. Next Q will be the first one when FNTN can be looked at from revenue point of view. Second Q will then give us (and the market) numbers for projections. As far as CNBC, PR's with SIEMENS, banners on web sites – some or all should happened in the first Q 99. Again this will be far beyond anything done to date in terms of FNTN visibility. IMO the next 3-4 months will be accumulation time, waiting for the first "real" financials to come out, until then it's only guessing game except we "have" the 1.5 mill very close to being done deal, so conformation during the first Q may give the stock price lift. I have positions in AMZN, YHOO, EGGS, CDNW, DRIV,… which gave my portfolio value nice lift but FNTN is the most promising in terms of ROI. Radim