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To: Jerry Rush who wrote (208)5/26/1998 6:33:00 PM
From: Carl Wysocki  Read Replies (1) | Respond to of 233
 
Jerry, thanks for the update.

Just wondering if the 32-33+million revenue projection came from
management or is your gut feel. This would mean 7-8 mil in Q4,
which would be down both sequentially and year-to-year.

If there revenue were truly deferred from one quarter to another,
I would expect at least 9 million in Q4. I'm personally very leery of
any explanation of slow revenue growth attributed to revenue
deferrals ( The disk drive industry, and the Asia "crisis", were supposed to be one time events, if you listened to the companies,
with no lasting impact).

Actually, I'd be happy with $9 million, especially if the gross
margins show sequential improvement, which would mean they
are getting more of the non-contracted business.

Kind of interesting that the investor group deal isn't finalized. Damn,
they're already sitting on a 33% gain. Oh, well, we'll just have to wait
and see.

I guess now that the dust has settled from the last earnings, it's
probably time to jump back in. I have to figure the price will
rise on anticipation of the earnings, but who knows where it will
be after.

Carl