You are trying to estimate the trailing 12-month earnings for Fiber Networks. The firm has just reported an operating loss for the first quarter of 2001 of $180 million on revenues of $600 million, a jump from the operating loss of $30 million on revenues of $120 million in the first quarter of 2000. In its annual report for 2000, Fiber Networks reported an operating loss of $330 million on revenues of $1.1 billion. Estimate the operating loss and revenues for the last four quarters. 3. Verispace Software sells inventory management software and reported revenues of $25 million in the most recent financial year. You estimate that the total market for inventory management software to be $25 billion, growing at 5% a year for the foreseeable future. If you expect Verispace to have 10% market share of this market in 10 years, estimate the compounded revenue growth rate over that period.