Tom,
Do you mean $4.4 Q4, $6.6, $9.9, $14.9, $22.2?
$6.6 is less than the $8.0 I hope for to have true confidence in Q4-99 BE. But then I expect Q2 to be the slowest of the year in terms of sequential growth. Depending on how you slice it I tend to agree with an about 50% top line each quarter needed to meet a Q4-99 BE.
Truth be told I have more faith in CYCH making another purchase and pushing out profitability. I'm not sure who they would buy, or why, but they voice that possibility freely.
I hope I'm surprised, and the gold rush to e-tail is a 99 phenom. But to quote Bill Gate, we tend to over-estimate the rate of change 2 years out and under-estimate the rate of change 10 years out.
That said, if the revenue model you sliced up is in clearer focus come Q3 these guys will be on track.
Cheers,
Lee |
