To: reg who wrote (30156 ) 5/7/1999 10:59:00 PM From: bigdude Respond to
reg, you are absolutely right about how important sales growth in Q1 will be to BII. Since Canadian retailers like Sears Canada, and The Bay posted 50% growth Q4 over Q3, I consider that to be the "bigdude seasonal adjustment factor". eBay's sales were also up about 50% Q4 over Q3.....so by having sales of approximately $6 million in both Q3 and Q4, meant that Q4 sales should have been $9 million (50% growth over $6 million in Q3 for you arts graduates). Hence, sales adjusted by the bigdude seasonal adjustment factor were actually off by 1/3. Q1 numbers are not audited and companies have some fudging room (not to say they might try something like that, but I see it too often with other companies, who fudge numbers all year and then have big adjustments in Q4)
