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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST

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To: Kevin McKenzie who wrote (1413)7/23/1998 11:03:00 AM
From: Ariella   of 15313
 
Dear Kevin -- I can handle one of your questions. I posted the $15 million revenue reference that Mike Sheppard is on record for in 1998.

The company had little revenue first quarter, probably more second quarter, but let's guess 4 million for first half. That leaves 11 million for second half and it will be building, say 4 for Q3 and 7 for Q4 if their ramp-up proceeds as planned.

That means we enter 1999 on an annualized revenue base of $28 million (if the ramp up actually went like this, top line in 1999 would be even higher than 28 -- say 7+8+9+10, or $34 million for 1999.)

Since management predicted that they would be above breakeven in Q3 of this year -- at our guesstimate of $4 million in revenues), look what happens to eps thereafter.

Above is why I'm staying on long term.
Would really appreciate feedback from regulars on the thread about above projection.
Ariella
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