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Re: ceres post# 10588

Friday, 11/12/2004 3:33:08 PM

Friday, November 12, 2004 3:33:08 PM

Post# of 53940
Sales for the 3rd quarter at $1.5 million?

I wonder what such an announcement will have on the PPS if VTSI reports 3rd quarter sales of $1.5 million, give or take? Doesn't take a bomber specialist to go back over the previous Press Releases and try and come up with a sales estimate, which I just did. A $million here, a $half-million there and suddenly we have a very viable company. I can't say if they made money, but its quite possible they did.

In the 2nd quarter COGS and Admin came to ~$650,000. With their gross margins at 32% and Sales and Admin at the same amount as the 2nd quarter, its conceivable they could earn a small profit. There are factors here I don't have access to that might lower this number, but.....???

The 4th quarter should be even better, they might actually make REAL money. I remember Amazon selling for quite a bit with very serious losses.

I'm an optimist.

Andy
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