To: caly who wrote (14 ) 1/21/1998 4:44:00 PM From: GARY P GROBBEL Read Replies (1) | Respond to of 143
Calypso....let's look at some numbers that are already out. On 1-13-98 TBTI released Rev for 1997...$5,476,000. That will appear in the earnings press release (due in second week of March) against Rev last year of $4,137,000. That is an increase of 32.3%. Nice. Now, subtracting the rev from the 9month period ending 9-30-97 ($3,739,257) we have 4th qtr rev ending 12-31-97 of $1,736,743. That is a record, and supercedes the record third qtr rev ($1.48m) this past year, which was a record etc etc etc. 4th qtr rev of $1.736m this year compared to 4th qtr rev last year of $967,037 is almost a double. That's nice as well. In addition, last years' 4th qtr posted a loss of ($121,833) due mostly to the expenses incurred for a ramp up of the catalog campaign...thereby delivering profts for the year last year of $30,455...the sixth profitable year in a row. This years'4th qtr will come in quite a bit stronger in my opinion, building on net inc through 9months of $147,783 or 10 cents per share. We already know the revenue is there...in spades. So all in all it should make for impressive reading and comparisons when it comes out. In addition, TBTI also announced on 1-13-98 in the same press release their entry into the WDM (Wavelength Division Multiplexing) field with a product intro for the first qtr of 1998 (that's now). We profiled a company last spring called Precision Optics (POCI) on NASDAQ at $1.37. It barrelled along to over $5.00 at one point and has settled around $3.50-$4.00. I believe this run was/is based in part on their announcing a WDM product, because the numbers for the past couple of qtrs have been losses. WDM products are in high favor on the street and will complement a line of products from TBTI that concentrate more and more on fiber optic. I think that when they release the WDM product and/or announce the year end results we are going to see some activity on the upside...my opinion only. gary