Just add comment on CNWT that you wrote off real quick...did fair amount of DD a while back and here was my finding...
Commercial voip, revenues now ramping up and management expects to be profitable next reported quarter with 75-85% gross margins expected throughout.
Few highlights,
- Research firm IDC issued its initial report on the IP Telephony Applications space in April 2006, and identified Cistera as one of six leading applications providers.
- one of the earliest members of the Cisco Technology Partner Program - strong alliance with Cisco, as well as AT&T, Calence, Sun Microsystems, and Bell Canada
- only pure play in IP enterprise app platform space
- the only certified IP base app for AT&T
- installed customer base of over 200 customers and currently has more than 500 installations. Customers include Ruesch International, Hunt Petroleum, Burlington Resources (NYSE: BR), Cendant Corporation (NYSE: CD), Richardson Financial, Blue Cross Blue Shield, Los Alamos National Bank, Wayport, Five Star Credit Union, North American Lighting, Inc., the City of Denton, TX, BancFirst, Advanced Financial Services, five school districts and a number of small and mid-sized companies in a broad range of industries including education, retail, hospitality, government, healthcare, technology, energy and manufacturing.
- homeland security & mobile wireless opportunities.
- revenue projections per recent small cap presentation
2007 $2-2.5m
2008 $6-8m
2009 $25-28m
2010 $75-85m
2011 $160-175m
using a reasonable 15% net margin, could see 0.14 eps 2008, 0.42 in 2009, $1 in 2010, $1.88 in 2011....just a figure to work with!
Since then, I've heard that the VOIP hosted solutions is receiving way more attention then they ever imagined and it sounds like those revenue numbers may be bumped up at least a year
Not a day play by any means and there should be some PP selling from ways back, but for the long term investor, this could be a very nice one to leave for a rainy day.
