Dave,IMO here's a gem in the rough, 6-12 mo hold should be a 4 bagger. SMWS..Smith and Wesson Holding Co. Trading at approx 10 x forward earnings. Competitor RGR ..Strum Ruger trades @26 x earnings.
When you have time check it out and let me know what you think. smith-wesson.com
SAN FRANCISCO--(BUSINESS WIRE)--April 18, 2002--ManageSource Research today announced that it has released its quarterly update on Smith & Wesson Holding Corp. (OTCBB:SMWS).
ManageSource cites profitable results for the most recent quarter, as well as the successful execution of their high-growth business plan. SMWS reported Q3 net revenues of $21,606,035, which represents an 8 percent increase over Q2 net revenues of $19,918,682. The full report can be viewed on their Web site at managesource.com
About ManageSource Research & Communications
ManageSource is an independent analysis and research firm located in San Francisco. ManageSource specializes in producing independent equity research for small public companies and developing and delivering dynamic, customized financial modeling solutions, such as product pricing analysis, revenue models, cost analysis, discounted cash flows and profit and loss statements for both public and private companies.
Statements regarding financial matters in this news release other than historical facts are "forward-looking statements" within the meaning of section 27 A of the Securities Act of 1933, Section 21 E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
--30--FR/np* FLB/np
CONTACT: ManageSource Research, San Francisco
Douglas Rogers, 415/793-6663
E-mail: info@managesource.com
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