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Re: None

Monday, 05/12/2008 9:18:03 PM

Monday, May 12, 2008 9:18:03 PM

Post# of 275594
ATEA 2 MM float Monster earnings comimg Friday:

ATEA IMO could an $8 stock on Friday. They shifted $700,000 sales to Q1 2008 which will be reported Thursday- at 50% margins that should provide an extra $.10 to an already seasonally strong quarter. Witn 50% foreign sales ATEA is also reaping gains from the record low US dollar.

The total amount of revenue moved into 2007 that had been previously reported for earlier periods is $2.3 million, which is partially reduced by $700,000 of revenue previously recognized in the third quarter of 2007, which must now be deferred until the related software upgrade is delivered to the customer. The upgrade was delivered in the first quarter of 2008. The Company already received all of the cash related to these contracts. The restatement affects the timing and classification of revenues, but does not impact the overall revenues relating to these customers.
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