SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Starduster who wrote (7651)12/20/1997 1:49:00 AM
From: Jack Zahran  Read Replies (1) of 31646
 
Sandie, you are right, I do know that the TPRO story is true and larger than what some thought was hype. As far as long term estimates on share price, I don't recall making any. But, I will say that my previous enthusiam on TPRO has turned in to legitimate exuberance. My short term expectations are for TPRO to hit the teens in January with or without NMS (I'm going out on a limb).

Within this news release Jenkins told us some additional very valuable information: Sales Revenue will exceed 28 Mil for 2nd half FY98. Sales is only one component of their revenue mix. With that said, what was their sales revenue for the 1st quarter? 11 Million. Let's say that Jenkins was referring to their entire Revenue when he mentions sales of 28 Million for the first two quarters. That leaves us with revenue of 17+ Million for 2nd Quarter. Recall that their gross margin increased to 34% last quarter. That leaves 5,780,000 in Gross profits. Let's deduct the same expenses as last quarter and we have net profits of 1.4 Mil. If the weighted avg shares is 16Mil (1Mil more than last quarter) then we have eps of .08/share.

I think the above numbers are conservative since we have higher margin revenue in the mix this quarter from the Y2K work as well as better margins on their Hardware/Software sales (my conclusion).

The Second quarter report will be awesome compared to 2nd qtr 96 8.1 Mil Revenues and (.01) Earnings. This is one fast growing company. We have a string of record revenues and now realizing first real profits in a long line of expected profit growth.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext