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

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To: Ceebs Hartmann who wrote (3553)	12/3/1997 7:54:00 PM
From: MACA	Read Replies (2) of 10786

Gruder mentioned in the Charlotte Observer that the co. will gross $15,000.000 for '97, up to the third quarter the co. had about $4.5 millions, that gives us about $10.5 millions for the fourth quarter. Their burn rate has been about $4.5 per quarter even if we went to $5 millions for this quarter that leaves us with more than $5 millions profit. Not bad for 30 cents per share. Uncle sam willn't get any change because of the previous losses. 30 cents per share I figured it should give us a stock between $30 to $50, not a bad start wait till '98 #s start rolling in, so far they predict to do $125 millions in sales just a few months ago they had only $50 mills that's how quick these #s are changing. GOOD LUCK!

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