To: Rick Rappaport who wrote (5412 ) 3/5/1999 1:14:00 PM From: stephen wall Read Replies (2) | Respond to of 10081
Rick, Here is the statement from the last 10Q concerning future revenues:sec.gov Revenue for the three-month period ended September 30, 1998, was $374 thousand compared to $2.6 million for the three-month period ended September 30, 1997. The decrease in revenue in the three-month period is due to $2.0 million in non-recurring royalty revenue recognized in the three-month period ended September 30, 1997, under an existing master license agreement. For the nine-month period ended September 30, 1998, revenues were $2.2 million compared to $3.3 million for the same period in 1997. The decrease in revenue in the nine-month period is due to $2.0 million in non-recurring royalty revenue recognized in the three-month period ended September 30, 1997 under an existing master license agreement, offset by $1.5 million in Microsoft Corp. licensing fees recorded in the first three months of 1998. The Company anticipates a decrease in total revenue in 1998 compared to 1997 due to lower licensing and other revenue and the divestiture of its DataRover handheld communications devices division ("DataRover Division") in October 1998. Revenue from the Company's Portico service is not expected to be significant through 1998, but is expected to increase beginning in the first quarter of 1999. --------------------------------------------------------------------- Otter, I'm sorry, I dont have a clue about revenues. Just too hard to tell about so many resellers. I would imagine some are not doing squat and some like Progressive, who have capital to allocate toward ad campaigns and are doing national ads, are doing quite well. But you can put me down for 900K. I base this on gulf stream wind fluctuations over the Pacific Northwest last fall, global warming, taebo aerobic exercising, and the recent contrarian attacks against tele tubbie life styles coming from a certain fundamentalist religious leader. stephen