General Magic Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : General Magic

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kurt Goebel who wrote (3117)	8/1/1998 4:14:00 PM
From: CanynGirl	Read Replies (1) of 10081

A little nugget from the earnings release: "The remaining $3 million was secured through debt financing to meet additional equipment requirements, primarily related to the Company's network operations center. The company received $1.9 million in cash from this debt financing in the period and the Company expects to draw down the balance during the third quarter." Looks like a 2nd NOC will be online near the end of the quarter. On another note, below is what I'm looking for in unadjusted revenue for the next 3 quarters. Doesn't mean it will or won't happen. Just what I'm looking for to see solid growth and I'm not looking for positive earnings for at least 12 - 18 months. (Also, does not include Data Rover or WEB on Call). CYQ3: New Subscribers: 6000 Revenue: $725,000 CYQ4: New subscribers: 15000 Total Subscribers: 21000 Subscriber growth: 150% Revenue: $3,050,000 Revenue growth: 321% CYQ1: New subscribers: 30000 Total subscribers: 51000 Subscriber growth: 100% Revenue: $7,300,000 Revenue growth: 139% Of course '99 should see real growth if a carrier signs on and advertising kicks in.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next