I just checked estimates on DRNK. First Call Consensus EPS currently is .06 for FQE 6/30/97, up 20%. Consensus estimate for 1997 is .19, up 36% from 1996; and .23 for 1998. I suspect that the co. can exceed these numbers, but not by a wild margin.
I share your enthusiasm for the stock. But while we rationally try to follow this thing thru, we need to be somewhat realistic on the growth prospects, as these are what are going to be seriously considered in what is "fair value" on DRNK. I've seen future growth estimates on this thread of 30%, 40%, and higher, but I don't see what hyperbole is going to do to strengthen our case when and if we need to "blitz" the SEC w/ our concerns.
I, too, am more than just a little disappointed. But I think we really do have to wait to see what the SEC filing holds. I think the co. and the facts at hand have provided us w/ a good amount of ammunition to use if we want to shut this thing down, but the 8K might do a lot to ease our fears. IMO, it's a waiting game. |
