GlobalSCAPE (GSB)

[MikeDDKing]

I'd say that in Q1 they will make roughly $0.02/share. The revenue from the big order will not hit until Q2.

So far in my DD for Q1 I'm guessing that revenue will be in the $3.8M range which is flat from Q3 and Q4. Lower amortization expense will give them a boost EPS wise in 2009. The lower amortization expense is included in my estimate. There are some other expenses that will drop as well such as lease cost for their former Andover office space. I haven't fully quantified all of these and they may increase my estimate.