BioCurex, Inc.(fka BOCX)

[smartinvestor]

Bocxman do you remember this post?

http://www.investorshub.com/boards/read_msg.asp?message_id=7024942

Posted by: bocxman
In reply to: JAZZ ONE who wrote msg# 691 Date:7/18/2005 11:37:31 PM
Post #of 3031

Jazz One your analysis is much appreciated as I have been unable to listen to the webcast. It simply doesn't work on my computer for some reason.

Regarding the comment "we expect revenues in the first couple of years to be in the 10's of millions with no further expense on our part"

-- Quick and dirty analysis on the good dr.'s projection...Expenses are currently around $1 mil. Let's take $20 mil in revs, and 50 mil shares outstanding, and a biotech industry standard p/e of 30. That's .38 EPS, or $11.40/share!! Now let's discount back 20% for time/risk and we get $9.12/share.

So think of it this way...every $20 mil in licensee revenue is worth around $9/share to BOCX.