RE: 2/3 of fiscal Q4 fini...DABOSS
posted on
Feb 27, 2005 03:15PM
From the PR dated:
12/22/04………..3rd PR about Q 3 & 4 ``expected`` revenue
``today announced it expects revenues and advance payments, on purchase orders for products scheduled to ship next quarter, of over $2.2 million for the quarter ending December 31, 2004 with further business growth expected in the fourth quarter ending March 31, 2005.``
Note the $2.2 and further growth which says more than $2.2.
Based on the above we should see Q4 better than Q3 of $2.2 at the time the communication was made. Let`s say Q4 at $2.5 mil.
Since we missed Q3 by $781k, and add 2.5 mil, the total for Q4 calculates to at least $3.281. This will tell us if they are continuing to feed us with true statements or are they still using flip flop terms.
DABOSS, you may not like this analysis, but it speaks to their comments. And we are a long way from making that number unless we see some good, no great, sales coming in from Wencor.
OZ