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Re: Lurker from Mars post# 37779

Friday, 03/02/2007 3:09:43 PM

Friday, March 02, 2007 3:09:43 PM

Post# of 202893
Re: 32% Higher Income than forecast

ETIM forecasted $3.1m in sales this year.

They now state they are 32% higher for February. If they were off exactly the same for each month, that would be $4.1m in sales. However, you must apply exponential growth to their forecast! If they were 32% short of February sales estimates, then they drastically underestimated the demand for there products.

We may end up seeing $6m-$8m in revenue this year.



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