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Re: None

Saturday, 07/31/2004 6:26:43 AM

Saturday, July 31, 2004 6:26:43 AM

Post# of 4978
I haven't seen much talk about the expected 03 earnings that DC released awhile ago of $0.13-0.15 a share and how it translates into Q4 results.

So far, through the first 3 qtrs of 03, HQNT has a total net income of $3.71M ($0.78 in Q1, $1.08 in Q2, $1.85 in Q3).

33M shares outstanding.

Now according to my numbers, if you figure high end earnings of $0.15 a share, you get Q4 net income of $1.24M.
$0.15 x 33 = $4.95 (net income for 04)
$4.95 - $3.71 = $1.24 (net income for Q4)

Lower than Q3, but still very good compared to 02.
But what happened to the $$ from the Dataqual sale? I thought it was around $1.4M?

Can anyone shed some light on this?

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