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Microcap & Penny Stocks : Air Methods (airm) -- Ignore unavailable to you. Want to Upgrade?


To: Ronald J who wrote (712)9/15/1998 3:23:00 PM
From: Bald Eagle  Respond to of 877
 
HOORAY. AIRM is finally back to my latest buy price. Sorry, there hasn't been much to cheer about lately.



To: Ronald J who wrote (712)9/15/1998 5:29:00 PM
From: Hijacked Account  Read Replies (1) | Respond to of 877
 
Development contracts are usually signed up as cost plus fix fee basis with profit at about 10 %. Since AIRM said the development contract is 18 months long and worth 2.3 m, I would expect about 300 k in revenue in Q4 98 of which there will be about 30 k of profit and 270 k in costs. If there is a slower start up, these numbers would drop. There would not be a P&L hit due to start up.

The production units would come later and would be most likely bought on a firm fixed price basis.