Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 659.03

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Nov 21 4:00 PM EST

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From: Dr. Stoxx	12/19/2006 7:23:24 AM
	of 39683

IIG Imergent increases net dollar volume of contracts written guidance for fiscal 2007 (28.00 ) Co announced it has increased guidance in Net Dollar Volume of Contracts Written (NDVCW) for its fiscal year ending June 30, 2007. The company defines NDVCW as the gross dollar amount of contracts executed during the period less estimates for bad debts, discounts incurred on sales of trade receivables, and estimates for customer returns and believes NDVCW, although a non-U.S. generally accepted accounting principles (GAAP) metric, is a relevant metric to understand company operations. Management now expects NDVCW to grow 35 percent compared to fiscal 2006. Management previously stated expected NDVCW growth of 25 percent to 30 percent compared to prior year.

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