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Non-Tech : Don't abuse it, reuse it! ARCI makes the big comeback.
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To: RAW who wrote (21)11/23/1998 6:33:00 PM
From: Jim Mac   of 60
 
Looks like the cat's outta the bag. ARCI announced their Q3 results in a press release today, and said they added two experienced retail people to board. Also said Edison plans to increase their volume next year, but Q4 will be a loss due to the temporary reduction in Edison work.

This is looking more and more like 1999 is the year of black ink, or at least positive EBITDA. Hopefully, ARCI will do $20M in revs, putting sales per share at $10, using diluted shares, almost 2M, taking into consideration 700,000 warrants issued this year in connection with new credit facility.

I guess diluted shares outstanding will approach 2M, putting current cash per share at $0.56 basic, $0.35 diluted. Note that shares outstanding now shows basic, not diluted. But when profits appear, diluted # will be used, almost 2M shares.

Heavy volume today, ARCI up over 80%.
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