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proxime

01/16/01 9:20 PM

#4745 RE: bigbizz #4744

Bigbizz: I like your last statement:

"It doesn't mean it can't (or won't) happen" . . With all that has gone and and all the mistakes and bashing, SEVU could still make it ALL happen in 2001.

I am hopeful that there will be an up-tick in SEVU stock as anticipation for the open house builds.

JMO: Prox.

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srsnetworker

01/16/01 11:38 PM

#4751 RE: bigbizz #4744

Bigbizz you say "even if SEVU only has 15 million in sales for 2000." I don't think you are being realistic pumping numbers like that. I predict less than $ 8 million. Two things to remember: First, Secureview revenues will be limited to hand production in the 4th quarter and they had to ship to recognize revenue. Remember Rich stated SEVU would be carrying $ 9 million in orders into 1st quarter 2001. To me that means they probably didn't build and ship very many in 4th quarter. Second, underwater camera sales were seasonally down in the 4th quarter of 1999. Go back and look at the quarterly numbers in 1999, which only represents the underwater gear; revenues fell from $214,000 in 3rd quarter to $150,000 in the 4th quarter.

I wouldn't be surprised if total revenue for 2000 comes in the range of $ 6 - 8 million. Don't get me wrong, a six to eight fold increase over the $ 1.03 million in net revenues for 1999 is really fantastic.

If you want to vote for where you think total net revenues will be for the year 2000, I'll keep track. (Total revenues for the first three quarters of 2000 was $4.4 million.)

Less than $ 8 Million: Srsnetworker

$ 8 to 12 million:

Over $ 12 million: Bigbizz