How many of you have noticed that JCOM has become a different company over the past six months.  Many of us knew it was going to happen but when it was going become a reality was the question.

 

It has become meaningful.  It is now a reality.  Most people have no idea what I am talking about.  They will.

 

eFax/JFax changed their name and their business plan a few years ago.  It signaled a metamorphosis from fledgling companies surviving the big BK to a new company with the promise of being the greatest growth and success story of the decade.  The new name became j2 Global Communications.  This was only a "promise" and not a "fact" at the time the name was adopted.  Many of us imagined and envision what that promise could someday mean. 

 

We dreamed of a company with a global footprint, offering services in multiple languages that unified the communication needs of individuals, small business, and most importantly, global enterprises.

 

Let me introduce to you the company that now is at the threshold of that reality ... j2 Global Communications.

 

Now let me offer you a glimpse of the future ... faster revenue growth than analysts have imagined.  A higher conversion ratio as more and more of each incremental revenue dollar reaches the bottom line.

 

How large do you think the enterprise and international market segments are for JCOM?  Isn’t it safe to say that as we begin to penetrate those markets, the size of the j2 Global potential business sources has doubled?  Could it be tripled?  This is a company that could easily do $500M in revenue and $200M in free cash flow.  If you attach a 15x FCF multiple, then you are looking at a stock that is radically different from how people are looking at it today.  Fifteen times $200M gives us a $100 stock.

And keep this quiet, but a world class leadership team is being formed to take us to the forefront of the global enterprise scene.  THE unified communications company with the capabilities that NO OTHER COMPANY in the world offers as its sole reason for existing; a commitment to earning and deserving the respect of top management in the international business community.  A respect based on the fulfillment of “value added” through the intelligent application of innovation in the unified messaging arena.  Value added, reduced cost, secured communication, regulatory compliance, record retention made automatic, archiving at your finger tips, a bundled service that world class organization will not be able to live without.  JCOM is the leader by far as the sole source for this dream, this reality, and this indispensable business tool communications tool kit.

 

Fifty dollars a share is nothing compared to where we are going.  Hang on for the stock picker’s ride of your life over the next eighteen months.