Veltex Corporation (VLXC)

[Growth And Value]

Estimated Revenue & Earnings appear reasonable:
(In Millions)
2005 Sales 2005 Earnings

Q 1 Sales 13.27 Actual Earnings 1.74 Actual
Q 2 Sales 14.27 Est Earnings 2.46 Est
Q 3 Sales 16.27 Est Earnings 2.90 Est
Q 4 Sales 16.27 Est Earnings 2.90 Est

Total Sales 60.08 Million Total earnings 10.00 Million

These are my estimates based on Q1 and the acquisition of Explorer Headgear PPD. ($7,000,000 Sales) and ($1,200,000) earnings during June - December 2005. With 10,000,000 shares outstanding, I believe that $1.00 EPS for 2005 is reasonable!
These numbers don't include the fact that Explorer headgear exceeded sales estimates in June.