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To: Patrick E.McDaniel who wrote (31524)3/1/1998 7:52:00 PM
From: jim kelley  Read Replies (1) | Respond to of 176387
 
My projections are within pennies of yours.
The margin issue is an interesting wild card.
So far they appear to be passing all the component cost
reductions back to the customers. This undoubtedly ups market penetration.
This is also consistent with Meredith's statements.



To: Patrick E.McDaniel who wrote (31524)3/26/1998 1:22:00 PM
From: SecularBull  Read Replies (1) | Respond to of 176387
 
Don't forget to divide by 2...



To: Patrick E.McDaniel who wrote (31524)3/26/1998 1:30:00 PM
From: jim kelley  Read Replies (1) | Respond to of 176387
 
Patrick,

These are my latest projections (pre-split----divide by 2):

REVENUE PROJECTION
122.03 145.76 174.57
EPS low medium High
April 0.88 107.3864 128.2688 153.6216
July 1 122.03 145.76 174.57
October 1.17 142.7751 170.5392 204.2469
January 1.41 172.0623 205.5216 246.1437

4.46

GEOGRAPHICAL PROJECTION
122.03 145.76 174.57
EPS low medium High
April 0.86 104.9458 125.3536 150.1302
July 1 122.03 145.76 174.57
October 1.15 140.3345 167.624 200.7555
January 1.35 164.7405 196.776 235.6695

4.36

PRODUCT PROJECTION
122.03 145.76 162 174.57
EPS low medium High
April 0.88 107.3864 128.2688 142.56 153.6216
July 0.97 118.3691 141.3872 157.14 169.3329
October 1.12 136.6736 163.2512 181.44 195.5184
January 1.32 161.0796 192.4032 213.84 230.4324

4.29


1) Based on 7.7% net margin.