Hi Joe , was looking over EGAM and found this report, sounds like there would not be any big move on this for a while yet...
Three Months Ended March 31, 2003:
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For the three months ended March 31, 2003, net sales decreased by $2,095,000, or
58%, to $1,531,000 compared to $3,626,000 for the same quarter a year earlier.
Net income was $296,000, or $0.03 per diluted share, compared to $911,000, or
$0.09 per diluted share, for the same quarter a year ago. The $2,095,000
decrease in net sales resulted from a $2,281,000 net product sales decrease to
North American non-traditional software retailers and distributors, which
decrease was partially offset by a $167,000 increase in net product sales to
North American traditional software retailers and distributors and a $19,000
increase in worldwide licensing revenues.
Nine Months Ended March 31, 2003:
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For the nine months ended March 31, 2003, net sales decreased by $2,552,000, or
32%, to $5,336,000 compared to $7,888,000 for the same period a year earlier.
Net income was $951,000, or $0.10 per diluted share, compared to $1,009,000, or
$0.10 per diluted share, for the same nine-month period last year. The
$2,552,000 decrease in net sales resulted from a $3,965,000 net product sales
decrease to North American non-traditional software retailers and distributors,
combined with a $105,000 decrease in net product sales to international
distributors, which decreases were partially offset by a $1,410,000 increase in
net product sales to North American traditional software retailers and
distributors and a $108,000 increase in worldwide licensing revenues.
It does sound optimistic for the 2 quarters remaining in '03 though,,,, 'shape |
