Replies to post #225651 on SwingTrade Member Forum (SWING)

[Rawnoc]

INTT I'm calling for .33/share next Q in EPS based on the CC notes...

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My INTT notes of interest...
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Expects to achieve continued improvements going forward.

$150k of $550k = 401K match
$350k salary increase
$1.2 million per YEAR total compensation costs.

Believe they have enough staff through end of year to ramp up.

"to be conservative" -- 35% material cost + 5% sales comission = 40%
"theoretically 60% of incremental revenue drops to the bottom line"

Please note bookings in one quarter are sometimes shipped in that quarter. Bookings of $14 million at end of Q1 they are comfortable with will be revenues for Q2.

Doesn't expect SG&A to go over $4 million per Q for rest of year.

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My comments
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Q2 sales will easily be at LEAST $14 million. 60% of that is $2.7 million - $500,000 = $2.2 million to the bottom line + $1.1 million Q1 = $3.3 million or .33/share pre-tax.

Annualized pre-tax EPS of $1.32/share. No taxes expected until well into 2011. At $4.20 closing price PE is barely over 3.