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To: Jeffrey S. Mitchell who wrote (4216)1/31/1998 1:41:00 PM
From: Jeff Litwin  Respond to of 10786
 
1997 is history. IF the 11M is true, then for the first time Gruder will have given a range (6-8M for the Quarter) that the company actually would hit. IF ALYD can make a 2.5M profit on 6.5M of revenue then, assuming there are no benefits in future cost structure (which I think is conservative) they can make about 20M profit on approx. 50M of revenue. I just hope that the reporter isn't being optomistic and Gruder isn't proved wrong yet again.


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