Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from the line of Sandy Draper with Raymond James.
Sandy Draper - Raymond James
Thanks and good afternoon. Just a quick question, Bill, on your EPS guidance. Is the number there, when you said affected or fully taxed in '07, so are you going against $0.49 or $0.46. I am just trying to understand that?
Bill Davis
Yeah, I am coming up. I think it’s important, Sandy, to recognize that about a $1.4 million of that tax benefit in '07 again pertains to prior years. So, I would think about the baseline EPS to build-off, of course, $0.32 to $0.33, so it should put you in the relative range of about $0.45 to $0.48.
Sandy Draper - Raymond James
Okay. So $0.45 to $0.48 is baseline, and that's a GAAP number?
Bill Davis
That is a GAAP number.
Sandy Draper - Raymond James
Okay. That’s helpful, and then your comment about the revenue guidance and the ability to deliver on Version 11 and timing, how conservative have you been there, obviously the last couple of quarter have been clearly disappointing? When you look at the range, 20% to 25%, is 20%, assuming a pretty slow deployment, and 25% is better? Or just sort of maybe help me get a sense of how you calibrated the numbers?
Glen Tullman
Yeah, I think you have to start with the relative contribution of ECIN. I indicated the expectation of around $20 million from that business, which would imply organic growth that is actually closer to about, call 15% or thereabout. So, we are absolutely trying to be as cautious as we can be relative to the relative ramp of all of our clinic businesses, but Touchworks in particular.
Quite frankly, my comments are in terms of highlighting the relative risk, I view that being more prevalent on the cost side, in recognition that we are continuing to carry a meaningful amount of deployment cost, that we are not recognizing the full benefits in terms of recognized revenue just because of the expansion of the project plans that we are experiencing. So, the caution is really in and around the margins. I think we have taken appropriate steps to be as cautious as we feel we can be on the topline in terms of our ability to deliver that. But recognizing that there continues to be incremental costs required to deliver that.
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