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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey L. Henken who wrote (4677)	3/22/1999 12:07:00 PM
From: Bill Fortune III	Respond to of 52051

Hi Jeff and just think if this estimate is correct: “The potential club acquisitions have yet to be audited. However, management's preliminary review reveals that total revenues may exceed $11.5 million and gross profits should approximate $2.5 million. If verified, the then combined financial performance of consolidated Household Direct operations would represent revenues of $15 million and gross profits of $3 million or 20%. Consolidated assets, primarily in the form of accounts receivable, are expected to exceed $5 million.” biz.yahoo.com With a float of say 1.5 million that translates into an E/P/S of $2.00. If RDIM based on this sold for say 5 times earnings that would be $10.00 Or With a float of say 1.5 million that translates into an E/P/S of $2.00. If RDIM based on this sold for say 10 times earnings that would be $20.00 Or Say the float went to 2 million that translates into an E/P/S of still $1.50. If RDIM based on this sold for say 5 times earnings that would be $7.50 Or Say the float went to 2 million that translates into an E/P/S of still $1.50. If RDIM based on this sold for say 10 times earnings that would be $15.00 And right now it is selling for only $0.69 Regards, Bill Fortune III

To: Jeffrey L. Henken who wrote (4677)	3/22/1999 12:10:00 PM
From: Stock Watcher	Read Replies (5) \| Respond to of 52051

Jeffrey; thanx for posting the latest news on RDIM; sounds like they're really on the move ! Aggressive, ambitious company; last: .69/needs volume...regards, sw

To: Jeffrey L. Henken who wrote (4677)	3/22/1999 12:31:00 PM
From: Bill Fortune III	Respond to of 52051

Jeff and all. I was reminded by a couple of others the earnings are based on total outstanding shares rather then on the float and this is my response to them. “You are right and I realize that the earnings are base on the total shares outstanding and only intended this only as an example of the float. I think we all realize that most successful and higher priced Internet type stocks sell in multiples time earnings, i.e. 30, 50, 100 or more. What I posted was not intended to try and miss-lead on to serve as the possibility of what could take place. Thanks for bring this to the threads attention.” Regards, Bill Fortune III