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Re: PennyWorld post# 2058

Wednesday, 02/02/2005 6:20:01 AM

Wednesday, February 02, 2005 6:20:01 AM

Post# of 36790
To buyback 3B shares right now to get the O/S under 100M would take $12M. I don't see Fayiz spending that much money on a buyback when it could be used towards other things.
Where did Roundmot say the $80M in sales was probable? I missed that somewhere.
If that is the case, then maybe buying back 3B shares is possible, but $80M is a huge number for selling ceramic substrates. Anyone have any idea how much one of those things would cost a buyer? I can't see it being more than $50 depending on the size.
So, if the average cost of a substrate is $50, Cetek would have to sell 1.6M of those things a year to reach $80M in sales.
I guess it's possible if they land some contracts with cell phone and computer manufacturers.


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