Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : FirstWave Technologies (FSTW) -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (7856)	2/4/2003 9:28:12 PM
From: Mike M	Respond to of 9677

Didn't Richard say that they didn't have any licensing revenue this quarter from EDS? He indicated there should be more in this or next quarter. He also commented that EDS referred FSTW to a "significant" new client(one not previously mentioned). They did a large amount of "work up" but no revenue last or perhaps even this quarter but likely material income after that. Despite the fact that the number of clients isn't large, the size of the companies they are working with is... As you indicated, that makes for very efficient margins. I still think that undiluted earnings could be in excess of $2 in 2003. The third and fourth quarters have the possibility of being huge. Of course a few purse strings would have to be released...