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Technology Stocks : DSS: DLT finally open for trading -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (331)	10/27/2000 10:58:19 PM
From: Sam	Read Replies (1) \| Respond to of 488

Quick note FWIW: Snap revenue I tried to find the last quarter that Meridian filed before being taken over to find out what their revenues were. Found this in an August 99 filing: <<Meridian had revenue of $8 million and $18 million, and a net loss of $6 million and $13 million for the six months ended June 30, 1999, and the year ended December 31, 1998, respectively.>> Not a pretty picture in terms of p/l, for sure. Hopefully Quantum has done something about the losses while ramping up the revenues. I also found that revenues for the 3 months ending June 30, 1999 were $3.89m. Didn't recall the loss, though, sorry. Presumably revenues for the quarter ending 9/30 were at least similar to the 6/30 quarter. This would suggest that Snap revenues for the last quarter were between $30 and $40 million.