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Technology Stocks : MWAV-M WAVE COMM

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To: Jon Khymn who wrote (226)4/25/2000 10:49:00 PM
From: Tom Hua  Read Replies (1) of 443
 
Web, the results exceeded my expectations. Take a look at the top line the past 4 quarters:

Q2/99 = $1.9 million
Q3/99 = $2.2 million, 16% sequential increase
Q4/99 = $3.6 million, 63% sequential increase
Q1/00 = $5.4 million, 51% sequential increase

To get an idea for Q2/00, look at the backlog number. Backlog was about $6 million on 12/31, and revenue came in at $5.4 million this past quarter. Backlog increased to more than $9 million on 3/31, I predict Q2/00 revenue between $8.5 to 9 million.

Regards,

Tom
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