Charles:
My take on the 3Q eps:
eps $ 0.07
plus: 0.05 Mitsubishi litigation expenses
plus:: 0.01 relocation expenses
less: 0.02 one-time royalty payment
less: 0.01 restructuring credit
EPS $0.10/share
The positive DST trend continues, though, and that in the
face of what AXC, in its 2Q 96 statement, called the historically
slow 3rd quarter. We should know better by the time the
10Q comes out in about a month, but, the oil and gas crowd
are, I think, what is driving DST sales right now. Given the
historically tight energy supply situation, I think sales are booming
to this particular sector with companies like Seitel and 3DFX
Technologies (an IPO previewed in the most recent Barron's)
using advanced seismic data to pump more oil and gas out of
the ground. Morover, AXC is beginning to get more software
support from respectable software shops like CA, SpectraLogic,
and Legato.
Let me know what you think.
Gus
|
