SBS Technologies (SBSE) - Undiscovered gem Message Board

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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem

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To: robert b furman who wrote (1476)	10/18/2005 4:18:04 PM
From: Christopher Brainard	Read Replies (1) of 1540

Things never seem to change: "Based on our backlog and our customers' forecasts, we expect sales for the second quarter of fiscal year 2006 ending December 31, 2005 to be between $37 million and $39 million. [Big woop, sounds like last quarters guidance] This forecast reflects a government customer push-out of approximately $4 million due to technical issues not involving our product. [funny how it never seems to be SBS's fault ... and yet they continue to miss] This order, originally scheduled to ship in the second quarter, is now scheduled to ship in the second half of our fiscal year. [Oh yea, anyone want to give odds of this happening] For the fiscal year ending June 30, 2006, we continue to expect sales to be between $165 million and $175 million," said Peckham. [Hey Bob, now I see why you like these guys ... always the optimists] I don't know what the buyers see in this company. Maybe they have an eye on the $55 million cash. But they can have my shares for just over $10. Chris

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