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Technology Stocks : Micrografx(MGXI)
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To: Rene Madsen who wrote (403)4/16/1997 4:46:00 PM
From: Jacky AY   of 543
 
What I mean in my previous post was not that "MGXI made $20 per copy of CreataCard sold;" but rather "each copy of CreataCard sold should contribute to at least $20 in revenue..."

I agree that the net profit will probably be less than $10 per copy sold but the revenue (the amount they receive from software resellers, or better yet, direct download from their website) should be at least $20.

I am still fairly confused about the numbers since they don't make much sense at all. I would expect the coming earning announcement will be a huge upside surprise; otherwise, someone must have stolen the revenue from the 1.4 mil copies of CreataCard sold!

P.S. I have no problem getting to the link (www.etrade.com) I posted earlier. But, you're right; there are simply no estimates available for this quarter...
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