Jerry, thanks for the update.
Just wondering if the 32-33+million revenue projection came from
management or is your gut feel. This would mean 7-8 mil in Q4,
which would be down both sequentially and year-to-year.
If there revenue were truly deferred from one quarter to another,
I would expect at least 9 million in Q4. I'm personally very leery of
any explanation of slow revenue growth attributed to revenue
deferrals ( The disk drive industry, and the Asia "crisis", were supposed to be one time events, if you listened to the companies,
with no lasting impact).
Actually, I'd be happy with $9 million, especially if the gross
margins show sequential improvement, which would mean they
are getting more of the non-contracted business.
Kind of interesting that the investor group deal isn't finalized. Damn,
they're already sitting on a 33% gain. Oh, well, we'll just have to wait
and see.
I guess now that the dust has settled from the last earnings, it's
probably time to jump back in. I have to figure the price will
rise on anticipation of the earnings, but who knows where it will
be after.
Carl |
