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Re: raise $1m at the expense of a loss of market value of around $10m

By: tkc in ALEA | Recommend this post (0)
Fri, 15 Mar 13 10:16 PM | 70 view(s)
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Msg. 12901 of 54959
(This msg. is a reply to 12900 by Cactus Flower)

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CF, I can't put any credence in snack's $2M. Based on history and Wave's recorded method of acct'g, I think such an order would require a def 8 or PR. I seriously doubt he has much of a grasp of acct'g. Your $10 in billings would be nice because that's about where I am - but sans that $2M. Hey if it's your $8M I could replace my 20% dump much cheaper. W/ Wave it's all nothing but guesswork - a dumb way to invest. Thx CF


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The above is a reply to the following message:
Re: raise $1m at the expense of a loss of market value of around $10m
By: Cactus Flower
in ALEA
Fri, 15 Mar 13 10:02 PM
Msg. 12900 of 54959

hi tkc,

my billings guess is $10m or so, like the inflow.

but i think they will report revenue of $8m due to the little bird order (which defers the income to 2013).

i am not going to spend the time to figure prepaid maintenance on old large orders etc. i don't think it is a huge number.

i think the only major order still in the non-maintenance revenue pipeline is BP.

so if there's a $2m order at the end of q4, which was paid upfront, that will just about replace BP for 2013.



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