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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Runner who wrote (685)7/3/1997 8:11:00 PM
From: Rex Dwyer   of 10786
 
Get this, $10M revs in 4Q97, and 2Q97 will be profitable.
Who coined "Mars Shot"? That's the new phrase.

from the form 10-12G/Amended filed today:

"The Company began work on nine projects or pilots during the first
quarter of 1997. Based upon those projects and other commitments, the Company expects to record a loss in the $2-$3 million range for the first quarter, 1997, an operating profit in second quarter, 1997, a strongly profitable third quarter, 1997 and year-to-date, and an improvement in the fourth quarter profitability as compared to the third quarter profit. Revenues are expected to grow from $500,000 in first quarter to in excess of $10 million for fourth quarter. The Company's forecast is that recorded revenue will exceed expenses beginning in May, 1997."
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