Certainly appears to be a buying opportunity. The Red Chip Review,
Black and Cruttenden analysts may be waiting to see the Inceptor and Motorsport GT to actually ship, in addition to a purported three product announcements in August.
This quarter's performance was particularly substantive given the fact it was Q2. As you said Jim, this is the seasonally weakest quarter for this industry, wherein, Advanced Gravis usually reported losses. TMSR shattered this historical reality and industry perception. This, alone, is perhaps the most significant accomplishment by management, to date.
And then there is David Bergesen (and the Millenium Inceptor, Force Feedback MotorSport GT, and the NASCAR license). All of Q3 and beyond will have the benefit of his abilities having most recently been substantially responsible for Creative Technologies (NASDAQ:CREAF) $1+ billion revenues. David Bergeson would have been our top candidate for VP Sales at TMSR. This was a considerable accomplishment for TMSR and opportunity for Bergeson (both what he can do for TMSR and the wealth he can accumulate for himself).
In our opinion, Q3 and Q4 will most likely take TMSR to $50-$60 million in revenues for fy 97 and fy 98 to $100+ million. We also anticipate upward earnings revisions given Q2 numbers, again, in our opinion. |
