Air Methods (airm) Message Board

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Microcap & Penny Stocks : Air Methods (airm)

AIRM 42.95

0.0%

Apr 24 5:00 PM EST

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To: Ronald J who wrote (712)	9/15/1998 5:29:00 PM
From: Hijacked Account	Read Replies (1) of 877

Development contracts are usually signed up as cost plus fix fee basis with profit at about 10 %. Since AIRM said the development contract is 18 months long and worth 2.3 m, I would expect about 300 k in revenue in Q4 98 of which there will be about 30 k of profit and 270 k in costs. If there is a slower start up, these numbers would drop. There would not be a P&L hit due to start up. The production units would come later and would be most likely bought on a firm fixed price basis.

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