A.H., There are several interesting things with the earnings
announcement that all shareholders (particularly on this thread)
should be pleased about.
1. Shareholders have asked for higher eps. They got it.
2. Shareholders have asked for more revenue. They got it.
3. Shareholders have asked for greater gross margin. They got it.
4. Shareholders have asked for less adv. spending. They got it.
5. Shareholders have asked for a writedown of the WP acquisition
costs. They got it.
6. Shareholders have asked for more cash. They got it.
7. In summary, shareholders have asked for better performance.
They got it.
Q2 shows a continued growth pattern for the third straight quarter.
With the writedown overwith, and Suite 8 out of the "Gates," Q3 should
be the quarter we've all been waiting for. My congratulations to Corel
management for listening to shareholders concerns without being
sidetracked by the furor of discontent sometimes exhibited so strongly.
For Q3, a reasonable goal would be to see the Sales and A/R numbers
reversed from Q2's to $127 M in sales and $100 M in A/R.
By the end of Q3, the big "analysts," and "fund managers" too, will GET IT.
Up, Up, & Away!
Scott |
