It is absurd indeed and if they need additional contracts like that, then indeed $500 MM in fixed cost is much too low. I simply took the relatively fixed costs over the last 4 quarters on XMSR as a model. I thought that my post was "generous" and with that generosity still could not (on fundamentals) justify such lofty targets, but I have been known to play hype stories like NVEC , ONXX and even GERN just based on the public euphoria rather than fundamental issues.