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To: robert duke who wrote (3566)7/15/1999 11:14:00 PM
From: Roofman  Read Replies (1) | Respond to of 8858
 
Robert,

If SNMM reports something like .08 for Q4 I would be overjoyed, to say the least. I don't think .08 is out of the realm of possibility. My point, though, was that I'd rather keep my expectations realistic. It's no secret that the company is reinvesting a lot of money in R&D, which is necessary to support the phenomenal growth rates we've seen. Therefore, by my thinking, .05 EPS is a more realistic expectation. The number I'm much more interested in is seeing big increases in is revenues.

Regarding NASDAQ listing, the prevalent rumor has been that they are waiting for the final audited year end earnings reports before they finalize acceptance. SNMM management has been consistent in saying that the Q4 earnings will be released no later than July 31.

Roofman