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Biotech / Medical : Ecoscience (ECSC)

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To: Steve Harmon who wrote (95)	2/4/1997 10:18:00 PM
From: Richard N Lambert	of 145

Steve; Based on 3rd quarter results and assuming no change in gross margins and operating expenses to make your projected profit numbers sales would have to increase from $4.5M to $5.88 ($200K profit) and $7.1M ($500K profit). These are 30% - 57% quarter to quarter sales increases. NO WAY MAN!! You will only see these numbers if ECSC has a large Terminix initial stocking or the $1.2M machine gets delivered an charged in the quarter. Besides final profit what are your other numbers. I called ECSC and they told me numbers are scheduled to be released 2/14/97. I hope I am wrong and you are right, but it is a big bug to kill. Rich

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