AI
Monday, January 02, 2006 3:39:51 PM
50 cents by end of next year.....
This is how it happens.....
National roll-out happens, 55 stores per month so that by the end of this year we'll be in all 600 CC stores.
We increase subs to 500,000 by end of this year and 1 million subs by end of next year. This brings revenue to over $100M. Assuming we still have 1.2 billion shares, we turn the revenue over more than $100M into profit of $12M and we have EPS of 1 cent per share. With such a high growth rate, we trade at a PE of 50, bringing us to 50 cents
Sounds easy enough, LOL.
Mike
This is how it happens.....
National roll-out happens, 55 stores per month so that by the end of this year we'll be in all 600 CC stores.
We increase subs to 500,000 by end of this year and 1 million subs by end of next year. This brings revenue to over $100M. Assuming we still have 1.2 billion shares, we turn the revenue over more than $100M into profit of $12M and we have EPS of 1 cent per share. With such a high growth rate, we trade at a PE of 50, bringing us to 50 cents
Sounds easy enough, LOL.
Mike
