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micham2012

08/26/09 9:11 AM

#5636 RE: grantg2 #5635

I understood Katie to say that it was a small order for NASA. But maybe I misunderstood.

I think it is impossible to estimate revenues for Q3 right now. I had hoped for guidance on this subject with Q2 filing. Right now I go on the assumption that there is an "endless" tape supply, and that the company will have constant, ongoing revenue that is meaningful.

I also understood from Katie that NASA continues to generate tapes on an ongoing basis that need to be read by TRTN. That is, the "endless" supply is not just old tapes. It includes tapes currently generated by old technology. I assumed this related to satellites launched decades ago, but I am way out of my element here . . . I am a technology illiterate.