Hummingbird Comm. (HUMC) Message Board

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Technology Stocks : Hummingbird Comm. (HUMC)

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To: Derrick Burry who wrote (1754)	10/23/1998 10:32:00 AM
From: Martin Goldenberg	Read Replies (1) of 2018

I had the BI dollar breakdown but threw away the info. I believe they are in the order of $15 - $20 M with potential estimated growth of 40 - 45%, so says the CEO. So this adds $21 - $30 M to the overall sales which are in the order of about $130 M. Connectivity sales are dropping off and BI sales are supposed to take up the slack. Not terribly impressive, is it? An acquisition would help. There will be integration and growing pains should this ever happen. It's going to take a while for a recovery in share price. All remaining longs will need to be very patient. I would have bought $25 CAD puts earlier today but the stock opened lower at the opening. All above numbers are only estimates, and only according to my recollection, so you will need to do your own homework to arrive at closer estimates. Maybe I'll catch you and the other guys on another thread. Regards to all, Martin

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