To: Jeffrey L. Henken who wrote (416 ) 2/27/1999 5:04:00 PM From: tfk Read Replies (1) | Respond to
Jeff, here's a comparison between CAGI and TSIG that should be very interesting. My intent is to show just how grossly undervalued TSIG is at this point. Note that I'm only comparing projected revenues, shares outstanding, and share prices, since I don't know offhand CAGI earnings (both companies should be, if not already, profitable in the near future).Farkas said Carnegie forecasts revenues for PCNet in excess of $50 million for fiscal 1999, with a pre-tax profit approaching $3 million. He said that with the acquisition of PCNet, and with other acquisitions pending including the scheduled March closing on Paramount International Telecommunications of Vista, California, Carnegie's revenues could exceed $100 million in 1999. <<Robert Gordon, Chairman of TeleServices, stated: ''Lifetime Learning Systems is a stellar organization, with almost unique access to the schools. Children in schools and their parents represent two of the major markets for music CDs, and for film and film processing. These programs should be a big hit for the schools, the National Music Foundation, and for TSIG. We anticipate that the schools and the National Music Foundation will be able to raise tens of millions of dollars for their programs. TSIG's goal is to sell at least 7,000,000 cards and to generate in excess of $200,000,000 in revenues with substantial profits from the sale of the cards, film, film processing, and recorded music from these programs.'' <<(unbelievably low!!)
