Replies to post #19601 on Secure Point Technologies Inc (fka IMSCQ)

[Nowak488]

And that is extremely generous.

At best, their margin is 50%. So that is 15 million less SG&A, which is probably close to 10M a year...easily.

I hope you aren't invested here based on the expectation of getting 1/3 of a $100M market... We are extremely over valued if that is the case.

[Buzzlityr]

The 330M figure was quoted over 3 years, not one year. For instance, were total sales last year, world wide $100M? Problem with estimating a TAM based on gov. budgets/replacement cycles is: terror subsides then sales down turn, terror rises then sales upturn.

The $330M figure I use is for 3 years. And I use $162M as IMSC's capture. Seems real to me.