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To: bob oserin who wrote (7820)11/14/1997 3:13:00 PM
From: tech  Read Replies (2) | Respond to of 13949
 
a little Math on ALYD

Q2 results compared to Q3

Q2
========
For the second quarter and six months ended June 30, 1997, the Company lost $(2,345,000) or $(.16) per share and $(5,463,000) or $(.39) per share, respectively,

Revenues were $2,121,000 for the second quarter ended June 30, 1997

==================================================

Q3
========
For the third quarter and nine months ended September 30, 1997, the Company lost ($2,171,000) or ($.13) per share and ($7,634,000) or ($.51) per share, respectively

Revenues were $2.26 million for third quarter, 1997

=================================================

Between Q2 and Q3 ALYD only increased revenues by only $139,000

in the Q2 report ALYD stated that :

"based upon our experience to-date, we would expect revenues of $10-$15 million for full year 1997, which would produce close to breakeven results at the upper end of the range"

for the nine months ended Sep. 30, 1997 revenues were $4.57 million. ALYD projects revenues for Q4 to be between $6-$8 million.

It is obvious that even if ALYD makes $8 million in Q4 and we add that to the $4.57 million Q3 number, [ $8 million + $4.57 million ] = $12.57 million, there in no way in hell ALYD will be profitable in 1997.

Remember during this whole time ALYD will be adding more staff.

BTW- CSGI's payroll is approx. $1.5 million per YEAR!! compared to ALYD's of approx. $1.5 million per MONTH!!.

It wouldn't take that much to make CSGI profitable.

Even if CSGI's total expenses are $2.5 to $3 million per year that could be attained with as little as 10 - 12 million lines of code converted at a price of $.25 per line!!!

The LSI contract they signed was by itself 3 million lines.