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Technology Stocks : Noise Cancellation Technology (NCTI)
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To: cxw3790 who wrote (2123)5/15/1998 12:42:00 AM
From: MIKenn  Read Replies (2) of 2775
 
I do not follow your math.

Total expenses were 4.3 million during the first qtr (agreed).

If those expenses remain steady, at least in the second qtr, then NCT must generate 4.3 million in revenues in order to break even: 4.3-4.3 = 0.

4.3 million would represent a 500% increase from the 1st qtr, and 1,300% increase from the prior year.

Mikenn

(Long on NCTI with a cost basis of 1.80 (10 shares at 1.00 each, plus the $8 commission))
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