"I think that is a signal to expect more acquisitions."
How could they make up $500,000,000 in sales with acquisitions over the next two years??, hell... they just paid $300,000,000.00 in stock for a company with $25,000,000 in annual revenue.
What would the cost be to acquire a company(ies) that would make up the $500,000,000 in revenue in that time frame...especially in this space??? They already have a commanding share of the market, there's not a whole lot left in this space to acquire.
Does anyone know for certain when management expects to get to $1B in revenue. Is it really two years as suggested....Fiddler says they expect to get there "quickly"
30% growth gets them halfway to that target by FY 2001 and all the way there by FY 2004 (not 2006 as stated in a prior post).
Either [A]
Their CEO, St. Denis is a liar, and revenue growth will dramatically exceed 30% and they will reach their $1B in revenue in 2 years. (85% annual growth) [if this is the case, why in hell would they lead investors to believe otherwise?]
or [B]
Fiddler is a liar, and revenues will "plod" along at a 30% growth rate and they will eventually reach $1B in revenues 5 years from now, FY 2004. [hardly "quickly" as he so eloquently stated]
WIND has managed to confuse the hell out of this investor.
Rinks |