RE: Contest to Guess ARC’s Full-year 2011 Sales Revenues

In January, ARC issued a press release indicating that it will release its full year 2011 results on Feb 21st. On January 19^th, we posted an announcement about a contest to “guess ARC’s full-year 2011 Sales Revenues.”

The table, below, shows you what “analysts” are estimating ARC’s full-year 2011 Sales will be (as per yahoo finance, Feb 9 2012)

Revenue Estimates	Current Qtr.	Next Qtr.	Current Year	Next Year
NYSE: ARC	11-Dec	12-Mar	11-Dec	12-Dec
Avg. Estimate	100.00M	107.22M	420.92M	427.97M
No. of Analysts	3	1	3	3
Low Estimate	98.52M	107.22M	419.41M	423.04M
High Estimate	101.00M	107.22M	422.00M	435.00M
Year Ago Sales	104.97M	106.50M	441.64M	420.92M
Sales Growth (year/est)	-4.70%	0.70%	-4.70%	1.70%

Deadline for entries was February 7^th at 5:00 pm. Per my blog’s Google Analytics statistics, 136 blog-visitors read the contest announcement, but only 5 people submitted guesses for the contest.

Here are the “guesses” we received.

$464.88

$437.00

$421.50

$421.00

$420.93

One of the entries - $421.00 - is, quite obviously, “boxed in” on the top and bottom. As a special consideration for that contest entry, if person who guessed $421.00 wins the contest, the prize will be doubled.

We will only announce the winner of the contest if the winner gives us permission to post his/her name.

In the table above, I included the column that shows analysts’ current estimates of ARC’s full-year 2012 Sales – I think their estimates are low.

FINAL REMINDER - CONTEST ENTRY DEADLINE IS FEB 7 AT 5:00PM: GUESSS ARC'S FULL-YEAR 2011 SALES

So far, only a few people have entered the contest, so the chance of winning the prize is excellent for anyone who enters this contest.

Here's a link to the post I did about the contest:

http://reprographics.blogspot.com/2012/01/contest-announcement.html

CONTEST ANNOUNCEMENT !!!

Today, ARC issued a press release that said ARC will release its full year 2011 results on Feb 21st.

WALNUT CREEK, CA, Jan 19, 2012 (MARKETWIRE via COMTEX) --ARC (NYSE: ARC) today announced that it will hold a conference call with investors and analysts on Tuesday, February 21, 2012, at 2 P.M. Pacific Time (5 P.M. Eastern Time) to discuss results for the Company's fourth quarter and full year 2011.

A news release announcing the fourth quarter and full year 2011 results will be disseminated on February 21, 2012 after the market close.

CONTEST!

GUESS ARC’S Year 2011 SALES REVENUES

Prize: $100

If you win the contest, please note:

· ½ of your prize will be donated, directly by me in your name, to your favorite charity. (No “religious charities, please!)

· The other ½ of your prize will be in the form of a check, issued by me to you.

Contest Entry Deadline: February 7th, 2012, 5:00 p.m. East Coast time.

How to Enter Contest: If you want to participate in this Contest, you must e-mail me (at joel.salus@mac.com) with your guess at ARC’s Year 2011 total Sales Revenues no later than 5:00 pm on February 7th, 2012. Only one guess (only one entry) per participant!

How Contest Winner Will Be Determined: The person who comes closest to ARC’s actual Year 2011 total Sales Revenues will be the Contest Winner. The Winner will be determined when ARC announces its Year 2011 Sales. We expect that announcement to come on February 21st. I will announce the contest winner – on the blog - shortly after results have been released.

Eligibility for this Contest: Only persons who are, or who were, actively employed in the reprographics industry (reprographers and vendors included) are eligible for this contest. (In other words, retired reprographers may enter the contest.)

Not Eligible for this Contest: Employees of ARC (this includes employees, officers and directors of ARC) are not eligible.

In case there’s a tie: In the event that two or more contest entrants guess the same sales revenue number that ends up being the winning contest entry, the first person who e-mailed me his/her guess will be the winner of the contest. So, get your guesses to me as soon as possible.