The 6-7 cps forecast is based on FY08 revenue of $78-85 mil....

The 6-7 cps forecast is based on FY08 revenue of $78-85 mil. (Intersuisse Analyst's report dated 12 March).

In today's report it shows that YTD revenue is $56.4m and 3rd quarter contributed $21.7m of that. If we assume the 4th quarter is at least as good then FY08 revenue will be $78.1 which is in line with the Interssuise forecast.

However, I would say the 4th quarter will be even better than the 3rd given that the company has already booked $5.3 m in the first 2 weeks.

The only uncertainty that has the potential to affect the final 6-7 cps figure is the number of shares outstanding at year end.

All in all forecasts are very sound.