Craig, unfortunately, I am on the road as well, and have briefly stopped in to catch the quarterly results, and your synopsis of the CC. Although, like Neil, I was hoping for sequential growth, I wasn't really expecting it. I think it is a very positive sign that they at least matched last quarter's revs. Also, the release gives the impression that they expect earnings to continue to grow.
If you take this quarter and project .03, .04, and .05 (which to me is very conservative), that gives you a 98 P/E of 30 based upon earnings of .14. As the revs from the former Apertus division kick in,
I think its possible to beat these estimates.
More in a few weeks. I will try to stop in occasionally. Do either of you know how difficult it is to move cros-country with a two year old and a four year old <g>?
Later, Brad |
