Marc -- you know, looking over the past few quarters, I am feeling my usual optimistic self. As you know, the declines in sales has been arrested, and the OEM and Mac OS8 Bundles sales are starting to kick in. Accounts receivables have increased, and sales and administration costs have plunged. Meanwhile, sales in Q396 were only $10.7 mil; with our upward trend of $15 mil Q1 '97, and $17 mil Q2 '97, I think we have room now to finally have one of those quarters where sales will increase both over the quarter and the YOY period. In March, we'll also have the Wall Street 56K bundle. And with the good PC card reviews, it would be nice to see some sort of bundle there perhaps, eh? But that is wishful thinking. Still -- I think the outlook is indeed bright once we get out of this tax loss selling. GVIL's market cap is now a crazy $20 mil, though they will probably sell $65-75 mil in product in fiscal '97. Once profitability returns, I seriously think we have some good upside. And given the volumes we have all purchased here at the lows, we all stand to profit nicely.
I am hoping for about $19or $20 mil for Q3. Maybe a bit more if the 6500's have been selling well. But the real wild card is the Mac OS8 bundle. Those have been selling very well.
Cheers,
Richard |
