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sahd3g

02/01/05 10:48 AM

#17057 RE: STEHSUCKER #17056

Very reasonable. Of course we know the market is not reasonable. Perhaps we have chance to sell at .49 some time this year and buy back at .24 after the pullback.

:~)

I'm happy as can be if SCMI hits .19 reasonably soon....I'll be playing SCMI with hundreds of thousands of free shares by then, IF I stick to the plan. Sticking with the plan is the hard part.


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STEHSUCKER

02/01/05 10:53 AM

#17058 RE: STEHSUCKER #17056

** PR **

This was a well written PR and no doubt not penned by Peter as this does not fit his style... almost gives one hope that things are improving ;-)

The numbers are indeed conservative as they do not factor in anything from Universal. You have to start somewhere and revenues are revenues at the end of the day. If they can fix a few of the corporate issues then we might have a real company on our hands.

The Apple stuff changes almost on a daily basis so while there is always hope there, it is by no means certain we'll nail this with them. If we do manage to pull off the Apple iPod compatibility then we will suddenly be seen as a real player and this would mark a major sea change in Sunncomm's fortunes as the rest of the labels would almost be forced to play ball.

Congrats to everyone long... this fits with what I was told and based on my sources you can expect some other significant events to transpire shortly.
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IdahoSteve

02/01/05 10:56 AM

#17059 RE: STEHSUCKER #17056

I completely agree with you on those numbers, and disagree with the fallacy/lunacy of $4. However, both of your estimated numbers sure sound nicer than .06! Like Ebby Calvin "Nuke" LaLoosh said, "Winning, its like better than losing, teach me more!!!" Right now we are winning.
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dadgummit

02/01/05 11:01 AM

#17060 RE: STEHSUCKER #17056

Someone needs to tell the Market Makers how to do the Math.
I suspect these numbers are based on BMG and Koch alone, not including Universal.
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flydoc

02/01/05 11:31 AM

#17063 RE: STEHSUCKER #17056

STEHSUCKER, your math figures do not take into account that QTIG is getting nearly half of that $4 million.

I think we should be ecstatic if we get a double or triple on this stock by the end of the year -- how many other stocks do we own that double in a year? I'll be happy.
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t d j

02/02/05 12:41 AM

#17140 RE: STEHSUCKER #17056

STEHSUCKER,
I think your math is right on the numbers. From what I have been told, my own valuation is about $.20 per share for every 150 mil CDs protected. The number in the PR this AM represented ~25% of Sony/BMG and the independents. If Universal ramps up to the same number, then a pps of $.40 would be my target. IF everyone likes the product by summer, then I am hoping for an increase in commitment from the majors to ~50% by the Christmas season with a price target of $.80.

This does not include any possible revenue from kiosks, music download copy management, DVDs or other possible revenue sources.

Given the above numbers and after having visited the company on several occasions, my goal is $1.00 in the next 12 months. One more thing to remember is that the cost to run the company does not necessarily go up as the number of CDs protected goes up. There aren’t any additional costs – the software is done (although they continue to improve it).

tj