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yellowjacket

09/13/06 3:53 PM

#89099 RE: jonesieatl #89085

Jonesie: Barcodes and related data would be "read" and "downloaded" from an existing database and, at most, "loaded" into (our) database--nobody with green eye-shades and keyboard would be 'entering' individual barcodes at all IMO. YJ.
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GONEOM

09/13/06 3:56 PM

#89100 RE: jonesieatl #89085

jones, forget the numbers JUST BACK UP THE TRUCK...
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brewskih

09/13/06 4:04 PM

#89105 RE: jonesieatl #89085

Jonsie..as you have seen less then 2 percent of the 307 companies met your initial requirement, and many of these are very well established companies, with huge footholds in their industries.

Then when you lowered those requirements by half for the P/E you come up with 44 or about 14 percent of the 307, and again the above applies.

Do you really think NEOM will fall in somewhere in that top 14 percent in the first year? First of all the first year of the launch is when the highest costs will be incurred, to ramp up personnel etc. In my opinion they would be ucky if they can achieve 1 percent net profit margins during the first year. Especially given their record of not getting things right the first time as we see with every document filed. So lets assume the next 12 months they do make sales of 1 billion dollars. At 1 percent that would put them with a net profit of 10 million, and I will almost bet you will not see 10 million net profit for 2007. There is not enough exposure yet, the infrastructure isnt in place yet, and the demand isnt there yet to produce those numbers in my opinion.

Remember we are talking a year from now, which is the end of 2007 as well, Since the product isnt really launched at this time and we dont know when it will be in the next several months. So by the end of 2007, they could possibly have 1 billion is revenue or 1.00 a share. But keep in mind as well the share count more then likely is going to be closer to 2 billion by then with all the new shares coming on board. I think the S-3 states something like 1.6 billion altogether and you have to believe that numbers gonna grow, because NEOM still does not have cash for any of 2007, so they will be selling more shares under the SEDA. Especially if they have to ramp up personnel and equipment.