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RE:Echelon Report - Doug Loe

[bossu]

Very bullish report from Echelon
Example :estimating a delivery of 50 units in the Q2 is way too high and
assuming a revenu of U$ 6.5 M is the same :Too bullish
Lets say a delivery of 40 units and $ US 5.2 including consumables is probably a better estimate.
Not to say that I d'ont  like the figures shown in the report but in my mind ''too bullish''
However II like the overview for the next couple of years.
Remenber I have a very good idea of what is going on at the assembly plant in Quebec because I live a few kilometers from the facilities and I have a very good idea  because of my weekly visits !

Should the Echelon numbers to be good would would tell :They may assemble some VP4 somewhere else which is most probably not the case.

We will have the answere early August.