BTWS --
Opened my BTWS short today around 18. This thing is going back to single digit.
From its biz model and quarter results, I fail to see why its price should be going higher:
Bitwise Designs, Inc. QUARTERLY SUMMARY Page 2 of 10
HISTORICAL QUARTERLY RESULTS(Thousands of U.S. Dollars)
REVENUE 1997 1998 1999 2000
1st Qtr SEP 11,559 9,369 5,416 3,072*
2nd Qtr DEC 15,198 9,028 5,050
3rd Qtr MAR 14,064 9,651 4,682
4th Qtr JUN 12,288 5,708 1,947
EPS (U.S. Dollars per share)
1st Qtr SEP -0.080 -0.070 -0.050 -0.150*
2nd Qtr DEC -0.060 -0.070 0.000
3rd Qtr MAR -0.140 -0.120 -0.080
4th Qtr JUN -0.020 -0.480 -0.300
L. |
