wa muses that WPT has its ducks lining upSUBJECT: WPT's ducks are lining up nicely Posted By: wa
Post Time: 8/15/02 14:47
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With a stock price of $3.60, WPT's market cap is about $184 million. If you divide the market cap by the $20,000 (approx.) that Cummins-WPT charges per engine you get 9,200 engines. Now, I understand that WPT receives only 1/2 of the engine revenues, but still, when you look at the value of the company compared to what it takes in sales to equal that value, the number of units is paltry.
At some point in time...sooner than later, I hope...WPT will announce sales in the thousands instead of the low hundreds...then watch the stock pop. I'll rest easier when we get one of the big partners to sign onto commercialization and to say: "Hey, this WPT technology works better than diesel and it saves money to boot!" That'll make 'er pop, too.
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