Hoping to put out the fire over the company’s first-quarter earnings, Gupta Corp chief executive Umang Gupta said he sees the firm on target to earn between 20 cents and 22 cents a share for the second quarter: he is comfortable with estimates of 1994 revenues between $85m and $90m, but declined to endorse estimates for annual earnings, although chief financial officer Richard Noling said 65 cents a share seemed reasonable for the year; Gupta said the company missed Wall Street estimates of 8 cents a share for the first quarter because it decided to be conservative and remove from its books a $1m order for its SQLWindows product because although the customer had signed a contract and started building applications with it, additional issues came up days before the reporting date that required extra paperwork; the order would likely be pushed into the second quarter and he noted that the $1m in revenue would have enabled the company to meet Wall Street’s estimate for the most recent quarter; Gupta said he sees continued growth in the current year with two new products to be released during the second half – SQLWindows 5.0 and SQLBase 6.0.