Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Continental Home Healthcare -A Demographic Play -- Ignore unavailable to you. Want to Upgrade?

To: john m who wrote (27)	3/4/1999 2:36:00 PM
From: Edward W. Richmond	Read Replies (1) \| Respond to of 69

John, I did a little research to make a reasonable projection for 1998 earnings. Profit for the first 3 quarters was $504,012 and for the first 2 quarters was $231,213. Simple subtraction shows that the profit for Q3 only, was $272,799. With the trend of growing revenue and profit, we could expect Q4 to exceed Q3. If we assume that Q4 is flat compared to Q3 and we have a Q4 profit of $272,799, our profit for the year would be $776,811. If we use shares issued, we would get earnings of approximately $0.07 per share. Consistent with so many things about this company, the earnings figure of $650,000 to $700,000, in my opinion, is too conservative. I continue to optimistically wait for the release of the official figures. Regards, Ed