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Non-Tech : BING

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To: John S. Green who wrote (20)8/24/1998 4:40:00 PM
From: puzzlecraft  Read Replies (1) of 49
 
Second quarter in, guidance not there.

>>> Revenues from our sales of prepaid phone cards through video enhanced dispensers, or Lucky Strike machines, have increased dramatically over the past year. Phone card sales for the second quarter of this year were $880,000 on more than 300 machines in operation... <<<

but

>>> ... the average Lucky Strike machine has sales of approximately $200 per day <<<

$200 a day times 300 machines times 92 days in the quarter comes to approx $5.5 million... but the company reported only $880,000 in sales from the machines. I'm missing something here? Anyway, income 2 cents versus 4 cents in the first quarter... will make company's goal of 20 cents for the year depend more heavily on the second half.

John
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