IMGX, currently $3.50 Message Board

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Microcap & Penny Stocks : IMGX, currently $3.50

IMGX 0.0001000

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Oct 28 4:00 PM EDT

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To: John Morelli who wrote (591)	2/2/1998 7:58:00 PM
From: Jay Morrison	Read Replies (1) of 665

John, I really think that they will be profitable next quarter. If you look at the size of the loss Q4 last year, $2.8 million, and the size of the loss Q4 this year, $1.4 million, then something interesting appears. The revenue was up $1.5 million, and the loss was down $1.4 million. This indicates to me that they are rapidly approaching their breakeven point. The added revenues do not bring up costs much. The margins are fairly high on additional software sales. I think that point is about $9 million (US revenue) per quarter. They have a good shot at making that for Q1 of 1998. Jay

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