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To: Dave Gore who wrote (1223)	3/2/1999 12:16:00 AM
From: Jon Scott	Respond to of 8189

What the hell. When's the 3 for 1 split?

To: Dave Gore who wrote (1223)	3/2/1999 12:32:00 AM
From: Andrew H	Read Replies (1) \| Respond to of 8189

Dave is the 5M profit before or after taxes. Read in one post that the profit margin was 34%. If we take your revenue figure of 17M which seems about right, but perhaps maybe a bit conservative, that would mean a profit of nearly 6M. But that would be before taxes.

To: Dave Gore who wrote (1223)	3/2/1999 12:41:00 AM
From: Harry	Respond to of 8189

I think $15 per share falls under the "irrational exuberance" method of valuing stocks. A PE of 30 for a penny stock just beginning to get noticed seems high to me. PE of 15 would be more conservative. Although, I did ride the JBOH spike so anything is possible if we get panic buying. I just think it will probably settle around $7 by next month after all the latest news is out. One question I have is are the estimated contracts with Ford, GM, etc. ONE TIME orders or will they be regular purchases. Once every dealer has ordered the equipment, how often will there be a need to replace it? Harry

To: Dave Gore who wrote (1223)	3/2/1999 12:45:00 AM
From: learnstocks	Read Replies (1) \| Respond to of 8189

Dave, Good analysis. I do have a few thoughts/questions that popped up when I was reading your thoughts. Is that Ford deal really going to call for 6,500 units @ $400 each. If so, when is Ford going to expect the delivery to the individual dealerships? On the GM projection, it is a pretty significant increase from 40 units to 1,000. This will take a bit of time to produce and then get into the hands of "trained" users, won't it? While I agree that the European market might be significant, I know from personal experience that marketing in Europe (and especially France) can sometimes take a lot of handholding to reach final end-user satisfaction. Mr. Cohn's projections based on sales by DDSI may be a wee bit optimistic, even though they have two offices already open. I have marketed in Belgium and Sweden and find those countries to be the better ones in which to do business. I could imagine that the branch in Rome will take a bit of time to get up and running. I am not trying to be at all negative, only pointing out that the timing for sales in 1999 to mature in time to make your $15 per share fair market value happen could be a bit on the high side if all does not fall into place as planned. Your analysis could be right on the money. Based on my experience also as a Corporate Planner with a Fortune 10 company and also with medium-sized companies, I tend to be a bit more mellow about a big ramp up in sales projections. Vic