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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"

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To: Jon Nunley who wrote (760)5/15/1997 9:39:00 AM
From: tbevan   of 1985
 
Here's something from the Montgomery's analyst's assessment, which JTS IR has said is more or less concurrent with their own:

* JTS expects to achieve break-even or better earnings in Q2 (Jul), and become profitable in Q3 (Oct). Cash flow from operations in Q2 is expected to be positive.

* product mix shift underway. Shipments of 3" drives were not significant in Q4 (Jan) FY 97, however, they are expected to account for 5% of unit shipments in Q1 (Apr)FY 98. In addition, the new line of higher capacity Champion (2.0GB-3.0GB) desktop drives has begun shipping.

His EPS projections:

Q1 98: ($0.11)
Q2 98: ($0.03)
Q3 98: ($0.05)
Q4 98: ($0.14)

FY 98 TOTAL: $0.05

His model is based on the following NET SALES projections:

Q1 98: 78.25 mil
Q2 98: 121 mil
Q3 98: 156.75 mil
Q4 98: 190 mil

Year total: 546 mil

If you'll look back at more recent posts, you'll see that the company lowered by a bit its sales projections for Q1. Whether or not that proved necessary we ought to know in a week or so.

P.S. Is that PSYCHO-sm guy finally gone?
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