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To: Gerald Thomas who wrote (114)2/3/1998 7:59:00 PM
From: Gerald Thomas  Respond to of 351
 
That revenue number was almost exactly on target according to my report...

The last 4 quarters were:(millions)

3.9 5.2 7.7 8.0

The next 4 are forecasted as :(millions)

10.9 13.2 15.7 17.6

The magic numbers in costs before depreciation is 11.5 million
(by this quarters numbers)

Which shows that it won't be long before this steam roller
absorbs costs before depreciation (EBITDA)

and then is earnings positive...