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To: Valueman who wrote (4334)8/25/1998 12:06:00 PM
From: Jeff Vayda  Read Replies (2) | Respond to of 10852
 
Valueman:

Thanks for the Readware response. I have to make light of a small amount of inconsistency in Readware's comments. He states: "However, till some satellites are
launched and functioning in orbit, projecting any estimates beyond 1998 are
relatively uninformative from my perspective. Probably the best time to put out new
estimates would be sometime in March of 1999. And they would be tentative,
preliminary at best."

It is all fine and dandy not to want to give numbers until some assets are in orbit, but that was not his position last year or the year before, why the change now? I always take posts with a grain of salt but there are many who hang on his (and your) every word. Numbers I have saved (sorry not the posts) had Readware missing year end prices for '97 (and it appears 98) by a healthy margin. If in the business, I would be much happier to under-estimate the numbers than to consistently over-estimate them.

Just an observation.

Jeff Vayda