Wednesday, June 15, 2005 1:16:09 PM
Barny, as we know from matching up the press releases with the numbers in the filings, every simulator ever sold by the company through May 10th, 2005 has been followed by a press release.
From the numbers mentioned in the last 10K, one can assume that the Little River system closed after May 10th. Since the Little River system was announced on May 25th, we can figure that the releases can go out within a week or two of the contract being signed.
So, unless the approach has changed, then it looks like the system you mentioned is the only sold through June 1st or so. We have very little visibility into what might have been sold this month.
From the numbers mentioned in the last 10K, one can assume that the Little River system closed after May 10th. Since the Little River system was announced on May 25th, we can figure that the releases can go out within a week or two of the contract being signed.
So, unless the approach has changed, then it looks like the system you mentioned is the only sold through June 1st or so. We have very little visibility into what might have been sold this month.
These are my personal observations, opinions and calculations only, and should not be relied upon for any investment decisions. I strongly urge you to do your own due diligence before any decision to buy or sell securities.
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