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To: Big K who wrote (6714)6/2/1999 12:57:00 PM
From: Scott Volmar  Read Replies (2) | Respond to of 9798
 
Big K: My Q2 prediction and yours. (Rosy and Too Rosy)

Assumptions:

1. Cost of Sales 27%
2. Tax Rate 50% - Don't know Canadian Tax Code
3. Expenses remain the same as Q1
4. Outstanding shares same as Q1

Caveat: Actual revenue when reported must be
evaluated in light of receivables.

Mine Yours
(Rosy) (Too Rosy)

Sales 65,000 70,000
Cost of Sales 17,550 18,900

Gross Profit 47,450 51,100

Expenses:

Advertising 8,771 8,771
Selling, G & A 18,929 18,929
R & D 13,460 13,460
Dep & Amort 1,630 1,630
Loss on For Ex 249 249

Total Expenses 43,039 43,039

Inc Before Tax 4,411 8,061

Income Tax 2,206 4,031

Net Income 2,206 4,031

EPS (60,162) 0.04 0.07