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Technology Stocks : GWRX Leader in Smart Phone Market

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To: Chinacat who wrote (798)3/8/1999 9:35:00 PM
From: N. Saliba  Read Replies (1) of 960
 
This is in response to post #3121 and 3123 on YAHOO board.

NOKIA will fill the channels by the end of the month, 9110 is there and it is being delivered. the poster's note of up to 20 phones order at some shops is rather bullish.

Regarding the 4th qtr, the question is how they will divide the 1.8 million they received at the beginning of the qtr. I don't think the 5 million has to be reported as revenue since it was related to share issuing and not product sale.

I expect for Geoworks to report at least 3 million revenue for this qtr, and 2 million loss. This is wildely dependent on the phone sale in Japan, the revenue generated from the server deal, and on how the 1.8 million is divided. NOKIA 9110 will not show any figures for this qtr, their royalty revenue is always one qtr lagging which makes any proceeds from 9110 to show in the June qtr.

N.S.
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