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zen 88

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zen 88

Re: Ispro post# 149267

Friday, 08/10/2007 7:54:40 AM

Friday, August 10, 2007 7:54:40 AM

Post# of 249211
Ispro- So, according to this, Wave expects to

do a minimum of roughly 9 million in revs by next June 30. 10.6 on hand (as of June 30 2006), 2.7 more needed to continue until June 30 2007, rough burn of 22 million. That must be the new 'business in hand' estimate (9 million), because I sure can't see them putting upgrade revenue projections in a 10Q.

I know this is SEC-type language, but considering the goalposts were moved to Q3 of this year for B/E, and we got NO update on THAT question in the CC, this amount of conservative is frightening, in terms of the slog.

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