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To: Kashish King who wrote (28329)3/21/1998 2:39:00 PM
From: mike.com  Read Replies (1) | Respond to of 33268
 
It was not a pointless, rhetorical question Rod. It was very simple - what do you think will be the revenue for BT this quarter? I admit I haven't the faintest idea and I don't think you do either but it's fun trying to guess anyway. My point is this - IF they show a marked improvement in sales of BT this quarter I am going to hold onto my position and maybe even add to it a little. As I have said before I'm giving them this quarter and next to show us some money and no, I don't mean they have to turn a profit in that time frame.
For the sake of argument let's say they come up with $300,000 worth of BT sales this quarter. That would mean 100% growth from the last quarter. I know you are going to tell me that at that pace they will be out of business but you know as well as I do that there is plenty of financing options for a technology company growing 100% from quarter to quarter. Sure, it means further dilution but if they are successful it won't matter in the long run. I think the next 2 quarters will give us a better idea what the "long run" may entail so I'll give them that long. Hell Rod, like I also said before, I've only got 2 1/2 points of downside.