I am glad that you thought of that. I spent all day today with VP Investment of Whale Securities, who owns 400,000 tpro as to what the earnings will be. Here is the consensus we reached today.
Last qt was 11 mil and I am hoping 12 - 13 mil this quarter, on top of that I am surmising 500,000 from SUNW y2k contracr and the CDs. I used a moderate no of 100 cds at 7000 bucks = 700,000. Further we have the reserve of 5 mill. Lets say we got paid 1 million of that. Add it al together we get 12/5 mil + 700,000 + 500,000 + 1,000,000 = 14.5 million for this qt. I think you will agree that I used a very moderate numbers.
I will also use a conservative GM of 25% = 2.9 million dollars nett profit divided by 21 milllion shares comes to .13 cents.
I am expecting no more than .13 cents , which will be ,13 plus last qts loss of ,32 = .45 over last quarter.
Even if we came in at .01 we will have done better than -.32 so I am not going to be over IEI on this qt which shud be reported very soon.
Now on top of that I am told of strings of news that will come starting next week. I am hearing this from verious market source and engineers who have requested TPROs help at their plant. I her two ok , one very gooooood and one fabulous coming our way.
I told all my friends to seel the house and load up' Also I was told by Whale that they expect 15 by end of this quarter.
Joe TPRO.
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