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Re: Bluewater305 post# 47

Thursday, 11/09/2006 10:18:51 PM

Thursday, November 09, 2006 10:18:51 PM

Post# of 156
I spoke with Steve Young recently and asked what their approx. yearly rev. is, estimating by present business. His reply was $1.6M, and growing.

Now, this would be considering contracts, etc., that they have now, but may not have had 6 months ago.

In other words (from my understanding), if all contracts/business stayed as it is today, $1.6M could be expected after one year. He would not have honestly been able to say that 6 mo. ago.

So, if 6 mo. ago, a yr avg. rev. was estimated, it may have only been $.5M at the time, basing on current contracts/accounts.

Avg'ing this out is how I come to this basis, so as not to expect more than what is reasonable.

Nonetheless, if 6 mo. ago, they were only at $.5M, and 6 mo. later, they are at $1.6M, it doesn't take a genius to see that NXPW is an excellent buy and hold, for those who like to walk away from their investments without worrying about it diving.

Of course, I base my opinions and conclusions on low dilution, which, although there has been some over the last year (and I am hoping when I say this), managements seems to manage dilution rather well.

L~



"took me 3 long years to make a million bucks over night"

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