RE: What wil happen next week?
posted on
May 16, 2005 04:06AM
The statement from the last update, ``The company also reported it has more than $1.2 million in a combination of orders and advance payments (customer deposits) to date in fiscal 2006.`` represents a difference in how deposits are received. It`s not just 50% up front. Apparently monies are received along the way as progress with an order is made. It`s not necessarily a guage as to what quarterly revenues may be. BTW Ryan Air and Jetsgo did affect last Q`s revenues. players were reacquired and replacement skins were made. In spite of that apx 500k was generated in new business last Q.
I confirmed Franks information about PR`s (multiple)occurring thru the remainder of the present Q and into next Quarter. Take that for what it`s worth. Guidance like this has happened before with mixed results. IMHO this is real as confidence was expressed and exuberent.
Larry