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Technology Stocks : Noise Cancellation Technology (NCTI) -- Ignore unavailable to you. Want to Upgrade?


To: cxw3790 who wrote (2123)5/15/1998 12:42:00 AM
From: MIKenn  Read Replies (2) | Respond to of 2775
 
I do not follow your math.

Total expenses were 4.3 million during the first qtr (agreed).

If those expenses remain steady, at least in the second qtr, then NCT must generate 4.3 million in revenues in order to break even: 4.3-4.3 = 0.

4.3 million would represent a 500% increase from the 1st qtr, and 1,300% increase from the prior year.

Mikenn

(Long on NCTI with a cost basis of 1.80 (10 shares at 1.00 each, plus the $8 commission))



To: cxw3790 who wrote (2123)5/15/1998 10:39:00 AM
From: Dr. Moze  Respond to of 2775
 
Thanks for the suggestion that there may be news by July. Again, I never discount the possibility of this. There *is* always a chance, with their technology, that NCTI may sign a big and *profitable* deal at any time. And, as is evident historically, this stock tends to react quickly and strongly to bullish news, although it has tended to drift back down afterwards duel to lack of revenues.