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Re: mandjb post# 100704

Friday, 05/02/2008 9:27:06 AM

Friday, May 02, 2008 9:27:06 AM

Post# of 174892
WTEK: My WAG for the quarter is $2.15M in revenue with a similar EPS of $.03 to $.04, but likewise, hopefully I am too conservative. I've been using a regression methodology to track their revenue using backlog, inventory, and customer deposits and it has been fairly accurate.

I think a larger question is if the Leland and Lorita Bolen, 53% owners which have been accumulating more (also both on WTEK BOD and owners of Avis Industrial which owns American Baler) are making a move to take out the remaining 47%. This has been a nice increase without any news with some modest volume growth. I am assuming that no one on this board has any info from the annual meeting on April 21, 2008?

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