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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)

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To: esecurities(tm) who wrote (2251)8/16/1998 1:41:00 AM
From: esecurities(tm)  Read Replies (1) of 4231
 
Q4 '98:In Perspective-separating the forest from the trees?...

Q4 1998(e)
"...Progress has been made on preparing for the launch of NewKidCo products in the upcoming fourth quarter and positioning the company to be a leader in video games aimed at young children. Based on the reactions from retailers and the press, the Company feels it is on track to meet previously announced objectives of achieving $9 million US* of revenue with a strong contribution to earnings from NewKidCo for the fourth quarter..."
source: 14 Aug 1998 biz.yahoo.com

Q4 1997(A)
"...For the three months ended December 31, 1997, the Company recorded sales of $4.4 million, which represents a 4% decrease over the $4.5 million achieved in the comparable period last year. The net loss for the quarter ended December 31, 1997 amounted to $5.0 million or 38 cents per share..."
source: softquad.com

*$US 9 million translates to appx. $C14 million q4 1998(e) v. $C4.4 million 1997(A) or a projected 318% increase in q4 '98 v. q4 '97 revenues...and note that said $9 million U.S. is projected from NewKidCo revenues alone.
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