Terry, I had a long response gobbled up when I was knocked off line...Not being interested in revisiting my comments I will cut to the chase.
You obviously have a disdain for the hyperbole. It just isn't an issue for me. If that's why I'm still in the stock and you aren't then I can live with that. You must do so too.
<<My problem with what the longs here are espousing is that all their comments are slanted towards FSTW suddenly becoming wonderful. In my opinion, that ain't gonna' happen.>>
That's just it Terry. While you weren't looking they did become wonderful. They went from debt, no earnings, revenue deflation and a stock below $1 to no debt, millions in the bank, earnings of $1, growing revenue and over 1300% stock appreciation in twelve months. That didn't happen while the economy was soaring or in an under represented market. It happened while some of the more noted companies were doing belly flops in the market space...
<<Yes, they have improved over last year and the year before. Good for them. I hope they continue to improve. They have a few large projects (so we've been told) and those *might* lead to followon projects. Hooray. That's the way it's supposed to work. But, it hasn't worked in FSTW's past. We can only hope that "it's different this time", and that it's going to stay different.>>
TED you can't have it both ways. Do we want better this year than the last two...or a history of excellence that has gone to Hell in a hand basket the last two years. Only productive work is going allow it to stay different. Since that is exactly what we've seen in the past twelve months...why are you predicting that it won't continue?...Are you using any basis other than what happened two years ago? Pretty weak Terry. Are you telling me that the environment is too hard? Tell that to Richard. He needs a good chuckle.
<<This is pretty much the same company that it was a year ago. Fundamentally, what has changed in the last year? >>
Huh? See above. Don't bother...I'll bring it down.
That's just it Terry. While you weren't looking they did become wonderful. They went from debt, no earnings, revenue deflation and a stock below $1 to no debt, millions in the bank, earnings of $1, growing revenue and over 1300% stock appreciation in twelve months. That didn't happen while the economy was soaring or in an under represented market. It happened while some of the more noted companies were doing belly flops in the market space...
<<But, it's still the same company with the same culture and same infratructure as it was before. The Extreme Logic "partnership" is a bright spot. Let's see what they do with it.>>
You couldn't be more wrong in the first sentence...The second part is probably an understatement. Why not take me up on my challenge. How about directing your energies on finding out just how valuable that relationship is...
<<When they quit making a big deal about "alliances" with companies like 1stOrder, *THEN* I'll know they're serious about this business.>>
Terry, did it ever occur to you that the announcement was for the benefit of 1stOrder and not FSTW? So many "mouse hills" and so little time...
Regards,
Mike |
