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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: jwk who wrote (12204)3/5/1998 12:09:00 AM
From: Zebra 365  Read Replies (2) of 31646
 
RS, You seem to be confused....

You posted:

<<<Also one final point.

I see John Mansfield makes the point the Jenkins implied there would be few CD sales in the first quarter. (I predict there will also be few in the second qtr.)
This is true. But so what?
The point is why so few?

And how did he happen to know this ahead of time?>>>

Just to clear this point up for everyone, when the company is talking about its fiscal quarters, here is what it means:

1st Quarter Jul-Sep 1997
2nd Quarter Oct-Dec 1997
3rd Quarter Jan-Mar 1998
4th Quarter Apr-Jun 1998

The company (Jenkins) announced at the CC in Nov 1997, after the first quarter, that they were seeing some Y2K sales revenues pull back into the second quarter, when they had predicted that there would be no Y2K revenues until the third quarter.

So we did see some Y2K sales reported for the second quarter. But the real expected start of CD and Database sales were always projected for the third quarter, where we are now.

Zebra
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