To All. <Is this good enough? It's good enough for me, look at the following sales growth:
SALES YEAR Q-TO-Q GROWTH (percent) 37 36 36 37 93 -3 0 3 34 33 35 38 94 -8 -3 6 9 40 53 85 149 95 5 33 60 75 220 283 96 48 29
YEAR TO YEAR -8 -8 -3 3 18 61 143 292 450 434
This is exactly what we want, most of the earnings being sacrificed to fuel the growth. As for the reaction of the market to the earnings, in the words of one famous investor, Young D.T Nguyen: "It doesn't matter."
Just for the heck of it, here are the same figures for MSFT, and MSFT is now selling around 8 times earnings, IOMG is around 3. Is it going to be easier for MSFT to continue its growth, even at a sustainable 25%, or IOMG? Just one more thing, lighten up on the shorts, the shorts help make a market, together with the market makers; the volume in this thing is tremendous, and we're all participants in an incredible phenomenon. Buy more disks! SALES MSFT Q-TO-Q 818 938 958 1039 93 15 2 8 983 1129 1244 1293 94 -5 15 10 4 1247 1482 1587 1621 95 -4 19 7 2 2016 2195 2205 96 24 9 YEAR TO YEAR 20 20 30 24 27 31 28 25 62 48 |