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Technology Stocks : $1B Mkt -(BUGS) Bio- Remediation of Polluted Soils
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To: Frank Buck who wrote (14)2/3/1998 12:58:00 PM
From: edward shapiro  Read Replies (2) of 54
 
Frank,

Thanks for the numbers. A few questions about them.

1) Where did you get the numbers from?

2)In the estimates for 1998 and 1999, income is a constant 20% of revenues. Shouldn't there be any increase in margin after the revenues increase 6 times? There has to be some fixed cost somewhere.

3) Any idea why they are already planning to issue more shares? Any idea if these will be a split or a secondary offering?

TIA,
Ed
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