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Re: Capt_Nemo post# 21123

Monday, 07/21/2003 11:39:13 PM

Monday, July 21, 2003 11:39:13 PM

Post# of 219291
My thoughts on WLDI... it is my impression that the GSA news found this morning had nothing to do with today's PR regarding booked sales of $160K! I read the PR very differently and here is the parts regarding sales for everyone to review.

"Our new bookings for the 75 days ended July 15, 2003, have exceeded $160,000. These orders are all scheduled to ship during the third quarter.

So far, we are running ahead of our internal sales projections for the third quarter and Isotec believes it might receive awards on government project bids in excess of $500,000 by years' end."

PART ONE: The $160K are NOT governmental contracts. I suspect bank contracts or other businesses.

PART TWO: The $500K (in excess of) ARE governmental contracts which probably includes the GSA contract found by ToysRust this morning that was just awarded today. Note above... 'might receive'! The PR was written BEFORE the GSA contract was awarded!!!!

So we have more revenues than has been discussed, in my opinion... AND... if the company has gotten $160K in the last 75 days (non-governmental), then I believe we should fully expect additional NON-GOVERNMENTAL CONTRACTS by year's end since we have over 5 more months to book revenues!

I would not expect the company to react to the awarding of this GSA contract so fast so I am hoping to see a follow-up PR in a few days on the GSA contract.

Just my opinion.

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