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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: JohnO who wrote (4922)	6/10/1998 10:37:00 AM
From: Wazzy98	Read Replies (1) \| Respond to of 25711

RE. VTCO increased revenues 235% not 2350%. Hey JFO, Mark Flournouy has started a new thread under VTCO. Check it out. Thanks for the response. I have good news for you. Their press release stated 235 times (not percent). This translates to a 23500% increase in revenues. Example: If you take their revs. $38,500 and they increase to $77,000, that is 1 times previous earnings or 100% earnings growth, so you take the 235 times and multiply it by 100% to get 23500%. Get my drift. This company has got things going in the right direction. After talking with Ken, their first quarter revs were approx. $900,000 which is awesome for the first real quarter that they have had. I questioned him on the 235 times growth because it actually calcs out to what I stated in my previous response, 23.5 times or 23.5 x 100%, 2350% Revenue Growth. Outstanding accomplishment. I will post more when it becomes available. Trent