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To: Mighty_Mezz who wrote (4723)11/17/1999 5:34:00 AM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 7056
 
re: How much LFT $ they "recognize" this Q, I'll guess $2.1 million.

Put me on record as saying $1.90M. I'm projecting a 50% increase for the next two quarters, i.e. 1.25 + 1.90 + 2.85 + 4.00 = 10.

- Jeff



To: Mighty_Mezz who wrote (4723)11/17/1999 9:44:00 AM
From: Traveler  Read Replies (1) | Respond to of 7056
 
Excuse will be the same as last time, IMO, cause they could file their 10Q without the audit being done. Saying "waiting for the audit" implies that the audit results could change the 10Q numbers. It's true, but I don't think they want to say it.

I think the amount of LFT revenue they record will depend on the amount of "non" LFT revenue they have. Judging from their past, around $2 million looks right to me. In addition, I'm betting their accounts payable skyrocketed, (if they booked all of them) as their cash supply was being drained rapidly and A/F just ain't cutting it.



To: Mighty_Mezz who wrote (4723)12/30/1999 11:04:00 AM
From: Mighty_Mezz  Read Replies (1) | Respond to of 7056
 
Looks like my guess of $2.1 mill recognized from the LFT IOU was closest to the mark. :-)

...Mezz - If LFT shorted 2 million shares @ 15 and above, they might actually have the money to pony up. LOL