Wally,
Bellow is a range of values and estimated share price based on revenue increase ratio (estimating 200K-400K revenues in 98 and share price $.65). Resulted share price is based on linear relationship between revenues, profit and price increase. In reality profit should grow exponentially as well as share price and EPS, so the bellow numbers are all on the low side. In summary the share price could be from $8.13 (5 mil rev.) to $32.50 (10 mil rev.) still based on linear relationships only.
SHARE PRICE BASED ON REVENUES: ==============================
AVG REV. NO. OF CLIENTS. TOTAL REV. SHARE PRICES ============================================================== $10,000.00 100 $1,000,000.00 $1.63 $2.17 $3.25 $20,000.00 100 $2,000,000.00 $3.25 $4.33 $6.50 $30,000.00 100 $3,000,000.00 $4.88 $6.50 $9.75 $40,000.00 100 $4,000,000.00 $6.50 $8.67 $13.00 $50,000.00 100 $5,000,000.00 $8.13 $10.83 $16.25 $10,000.00 200 $2,000,000.00 $3.25 $4.33 $6.50 $20,000.00 200 $4,000,000.00 $6.50 $8.67 $13.00 $30,000.00 200 $6,000,000.00 $9.75 $13.00 $19.50 $40,000.00 200 $8,000,000.00 $13.00 $17.33 $26.00 $50,000.00 200 $10,000,000.00 $16.25 $21.67 $32.50 $10,000.00 300 $3,000,000.00 $4.88 $6.50 $9.75 $20,000.00 300 $6,000,000.00 $9.75 $13.00 $19.50 $30,000.00 300 $9,000,000.00 $14.63 $19.50 $29.25 $40,000.00 300 $12,000,000.00 $19.50 $26.00 $39.00 $50,000.00 300 $15,000,000.00 $24.38 $32.50 $48.75 $10,000.00 400 $4,000,000.00 $6.50 $8.67 $13.00 $20,000.00 400 $8,000,000.00 $13.00 $17.33 $26.00 $30,000.00 400 $12,000,000.00 $19.50 $26.00 $39.00 $40,000.00 400 $16,000,000.00 $26.00 $34.67 $52.00 $50,000.00 400 $20,000,000.00 $32.50 $43.33 $65.00
Disclaimer: the table above is just a summary of possible share prices and not an estimate.
Radim |