Thanks for taking the time to post this here on in
Post# of 32881
I really like this part of your DD.
Quote:
Key metrics being 100,000,000 people and $9.99 per month + $19.99 Initial Activation
- 1% penetration is $139,870,000 per year revenue
- 2% penetration is $279,740,000 per year revenue
- 3% penetration is $419,610,000 per year revenue
- 4% penetration is $559,480,000 per year rexenue
There are company’s out there in many markets that couldn’t find their backside with both hands and a flashlight, yet they still manage to get marketshare greater than your example.
With only 1% of the market we will have earnings of over $1 per share. At 14-16 times earnings valuation that’s a 1.5 billion market cap. That’s on the most conservative side possible. Oracle thinks it’s going to be much higher and I do to.
NT

