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Non-Tech : LCS Golf (LCSG) -- Ignore unavailable to you. Want to Upgrade?

To: Chip Roos who wrote (145)	12/22/1998 11:27:00 PM
From: Steve Research	Read Replies (1) \| Respond to of 626

CHIP!, Here is the beef: THIS IS A only a $6,000,000 Company, check out these figures: $800,000 of cash in the bank Infomercial sales of $7-10 million Mister B III revs. $6 million additional E-commerce sales of $2 million TOTAL: $18 million in revs for 1999 6.2M shares outstanding at $3 per share= a stock trading at one times revenues! Yahoo trades at 102x projected revenues Ebay 135x projected revenues, etc.... So here is a stock that at this time is trading at .33 times revenues! if we applied ebay's valuation we would have a $400 stock! BUT this is a small company, so lets go for a company that trades at 2 times revenues and we have a $6 stock! a six hundred percent return. BUY THE STOCK. PLUS....THE possibility they spin off a site that sells software, all software, not just golf software! It could be another Egghead.com! The bottom line is that this company is so small ($6 million equity market cap) that it doesn't need HUGE revenues to justify a higher stock price....