Per Armp's Revenue Projection..............................
for Q4 we see a very very CONSERVATIVE number of 50K. This is a smart number because it keeps the 'bar low'. Admittedly, the revenue number for Q4 could be much HIGHER and should that occur it would be seen as a POSITIVE. I think the 50K number is smart and could be accurate insofar as Wave might want to push out any deferred revs into 2005.
For 2005 Armp has a number of $7million which occurs mostly in the 2nd half. This is CONSERVATIVE and SMART too. First, it keeps the bar low once again. Why disappoint? It is best to be CONSERVATIVE with forecasts and then beat the forecasts. Secondly, Armp forecasts the BULK of the revs in the 2nd half which is more REASONABLE given the nature of Wave's business model (services oriented)and the rollout process. Compared to some other forecasts, Armp's 2005 is REASONABLE, CONSERVATIVE and SMART.
For 2006 revenue EXPLODES! This is when the fun starts.
Feedback is welcome.
