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littlejohn

05/08/07 1:21 AM

#11058 RE: finance lizard #11046

Mbkr had a drop but is still selling at almost 10 times the market cap of SFNN...About $31.7 million market cap(.88 close) of Mbkr versus about $3.6 million market cap (.0121 close) of SFNN...Using the outstanding shares from each companies 2006 10K...SFNN had higher revenues in 2006 than Mbkr,,,about $8.5 million in revenue from SFNN versus about $4 million in revenue from Mbkr...Now Mbkr has put out a projection for $40 million in revenue for 2007...This company has the potential to outproduce them revenue wise in 2007 but we haven't seen any projections like that from this one...SFNN is even way undervalued versus the startup competition in the mortgage business looking at this comparison...Looks like this one should be moving...LJ