Craig,
Thanks for the numbers for last quarter's contest. For fun, I
calculated the variation between the Q2 actual numbers, and the SI
concensus and applied that variation to the average SI concensus for
this quarter. I hope we're not this far off this quarter, but even if
we are, we're going to have a record quarter. Here it is:
1997 Q2 Results: Sales (M) EPS
SI Concensus 2.78 -0.11
Actual 2.2 -0.18
Difference (%) -26.36% -38.89%
1997 Q3 SI Est's 4.39 ($0.07)
Last qtrs difference -26.36% -38.89%
Q3 Est's based on Q2 variance 3.23 ($0.09)
If it's confusing, I appologize. Basically I adjusted the Q3 SI sales
concensus downward by 26% to come up with 3.23M, and the EPS down by
38.89% which gives us a loss of 9 cents instead of 7 cents. It would
still be an impressive quarter.
It's going to be interesting to see how the street (or SI investors
since we own so much of the float) reacts to the earnings numbers.
Since nobody really follows the stock, then the only ones looking for
a record quarter is us here at SI. Will our concensus number be the
"whisper number"? If so, I hate to see what happens if ANCR
disappoints.
I find it somewhat disappointing that the price of the stock today is
in the neighborhood of 10% lower than it was the day of the last
earnings release. With all of the positive things that have
transpired over the last 3 months (new switch, new chairman of the
board, addition of a high profile CFO, interop coming) that I'm
actually amazed that there wasn't even a little run up in the stock
price. As I sit here and type this, the phrase "It's the contracts
stupid",(or lack thereof) runs through my head. Oh well, I guess I'll
just have to be patient a little longer. I know better days are
coming. Too bad I'm lacking the buying power luxery as well :(
I think the next thing that will underpin this stock will be the
earnings release. If ANCR grows sales by 100% this quarter, it should
turn some heads.
TTFN
Jay |
