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Technology Stocks : COM21 (CMTO)

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To: pat mudge who wrote (1755)2/19/2000 9:34:00 AM
From: WTSherman  Read Replies (1) of 2347
 
<Let's run through this together. TERN reported Revs of $37 million based on being able to get a waiver from Rogers so they could recognize $9 million. On January 25 they filed an S-3 with the SEC stating they had not received the waiver and would therefore not be able to recognize earnings. Let's back out that $9 million and talk about revenues of $28 million. To go from $28 million to $240 million in one year would be, what, almost 9X? Help me out. Are we talking a 900% increase in revenues in 4 quarters? <

Pat, the $37M(or $28M) revenue number was for a quarter, I believe. While the $240M number is for a year. Still a large increase in sales, but, not quite 900%...
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