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To: Gary105 who wrote (3084)3/2/1998 1:58:00 AM
From: bajaseatrader  Read Replies (1) | Respond to of 7111
 
Congrats to all. Just read the news. Looks like a nice gap opening for tomorrow. Hope 20 at a 1/2. Did anyone hear when the shorts are meeting to kiss their money goodbye.The reduced float makes the cheese even more binding for them. How would you sleep being short more than a million after reading this news. The pain doesn't stop for them until everyone of those shorts are repurchased. How high will the price go filling that order?
Regards
Stan



To: Gary105 who wrote (3084)3/2/1998 3:43:00 AM
From: Wayne  Read Replies (3) | Respond to of 7111
 
Gary and All,
Sorry to have to come back in and correct my numbers that I posted
earlier. $140 million+ in rev on the year. I made a gross error in
not adding the first half of the year back in after deriving the
second half from Q1 and Q2. In fact the 140 is an estimate of what
we should see in the second half as a rough estimate, based on Q2
being close to the same as Q1 in revenue and a seasonal mix of
revenue close to 25%/75% on the year. Therefore, the number
would be 140 million + 52 million = 192 million total rev in 1998.
AND $4.00 on 19,680,000 shares (assuming the balance of the buy
back is done) is closer to the no brainer mark then $3.00.
In fact this works close to 99 million $ net on the quick formula I
use and, just over $5.00 eps est in 1998. Hope this does not piss
anyone off at me.

Wayne

52/25% = x/75%
x = Q3 + Q4 in millions
52 = Q1 + Q2
52 + x = year in $millions rev. a quick est.

come on j, start over