Replies to post #1044 on Sphere 3D Corp (ANY)

[timorr]

So are they saying its going to be bundled in VM ware ? I have a resonable idea of how it works but am not sure how it will be marketed .

[macnqueso]

great stuff... definitely better to ride the elephants when you are able... great interview... thanks for posting...

i posted an overly simple valuation of SPIHF earlier today... now let me do a better one...

let's dream relatively small for a moment and imagine SPIHF captures only 1% of the 100 billion dollar cloud market... 1 billion in gross revenue...

VMWare currently has net profit margin of 17.63% according to Scottrade... and a P/E ratio of 40+... i'll use 15% and 30 to stay on the conservative side...

15% of 1B equals 150 million in profit...

30:1 p/e equals market cap of 4.5 billion...

let's go with 25 million fully diluted shares... i think that may be a bit high in terms of current share structure...

4.5 B / 25 M = 180 pps

on gross sales of 1 billion we might expect a share price of $180... simply ridiculous... glta