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Re: $800M Revenue Goal

By: DND in IDCC | Recommend this post (0)
Tue, 31 Jul 12 10:24 PM | 206 view(s)
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Msg. 45739 of 48237
(This msg. is a reply to 45738 by Cdog)

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Thanks guys for the further clarification and support.




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The above is a reply to the following message:
Re: $800M Revenue Goal
By: Cdog
in IDCC
Tue, 31 Jul 12 9:46 PM
Msg. 45738 of 48237

The $800 million recurring revenue goal only assumes 50% market share in 3-5 years. They are saying that by just achieving and maintaining 50% market share, they will get to $800 million as a result of the volume growth over the the next 3-5 years.

The best explanation of this revenue goal was provided by James Nolan at the Cowen conference. He did a great job at this conference and for those who have not heard it, I recommend you listen to it.
http://wsw.com/webcast/cowen7/idcc/

GBR


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