GREY:SCSZF - Post by User
Comment by
vandenpon Aug 02, 2000 1:21pm
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Post# 2274104
RE: LOOKING GREAT!!!!!!!!!!!!!!!
RE: LOOKING GREAT!!!!!!!!!!!!!!!elston_gunn,
I also feel somewhat duped, but $.25 is a little ridiculus. I not saying it can't happen, but I tell you, even with the huge percentage of SCS that I currently have (way more than I care to admit), I would be buying as much as I could in the mid forties. Why?
Recurring revenues which continue to increase, albeit very slowly at this point.
A large customer base. (Post from kjones:
https://www.stockhouse.ca/bullboards/viewmessage.asp?no=1892824&tableid=0 )
They are in sales mode (not R&D mode) with many of their products.
They have partnerships with alot of potential.
It is a bad time of the year with the stock below its 52 week low.
Share price has decreased on very low volume.
There is a good chance that we will see two additional revenue streams that are both TRANSACTION based fairly soon - Blackbird and Travelbid.com
Once the lawsuit grap is finished with there could be additional revenues from TourTek.
As I previously posted:
David Wongs price target was $2.25 assuming sales of $9M.
With 2000 revenues looking more like $2M (4.5 times less) I would put a current value of $.50 per share ($2.25 / 4.5).