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maddogs

05/21/07 6:55 AM

#199 RE: emulwa #188

Same #, None of the recieptiants on the site are listed. Looks like 2-5 years in length, probably 5. But the kicker is the opening to to an additional 5 years, makes it a steady income stream going foward. The Lt. Gen. would seem to be worth his salt for sure.
One of my brothers works under a DoD contract and I had also,
no way not to figure 10%+ net profits. Looks like a "paid as you go" set up. Unknown or unexpected incedental costs are requested for and usualy met. Contract in spelt out laboriously but over long terms additional needs are compensated for and very, very likely yearly incrementment adjustments are made(upwards), absolutly in the 2nd 5 year extension. So min. 2 mill a year should go to the black or about .20 to eps, roughly. Last listed by co. website quarter showed a .09 eps after a 2.5 mill tax break so the co. should go black a min. .20, maybe .30 all things being equal and Gaapped. Still early for predictions, but someone should get a muliplyer on this.
Growth 2005 over 2006 in revs. was 40%, without any thing else added, this, on a 5 year basis, will grow revs another 40% yoy for this year. Some thing like revs of 58 mill., again all thing being equal and the other present buisness ongoing does not have growth. Keep that steady growth rate in mind for valuation. Seems like a real comer, this co..