Young, great post. Must have taken you a little while to compile that information. Evidently I havent explained myself thorough enough. It happens a lot. First off, I do not expect MRVC to keep up with the 30% increase in quarterly earnings for the remainder of time. It is an absolute impossibility for any company to do this or any investor to expect this. Second, my comments have been solely limited to the third quarter. If MRVC does not keep pace with a minimum of 20% increase in earnings, not inclusive of any one time charges, you will see investors jumping ship. We have become spoiled to a certain degree. MRVC has provided us with fantastic earnings and revenue increases, but as I said earlier they cannot maintain this forever. In this third quarter we will see a full quarter of sales of the MegaSwitch 2, sales to Intel along with other new and old customers of MRVC. The MegaSwitch 2 is the product that I am laying my confidence in for the third quarter. So if MRVC cannot maintain at least a 20% increase in earnings/revenue (again barring any one time charges), I believe investors will shy away from investing in MRVC until the stock price goes down to a more desirable level. Again, I remain confident that MRVC will surpass earnings estimates for the third quarter. If not I will gladly bow my head, and let the executioner for the MRVC board chop it off, not literally speaking of course. But I will be the first to admit I was wrong. Third, I never have nor will I hype any company. In some of my firsts posts in here I mentioned do not mistake this as fact (speaking of my prediction for surpassing third quarter estimates). If I knew absolutely the factual earnings/revenue number, I sure as heck wouldnt be wasting any time posting. I would be too busy counting my money. My prediction of surpassing earnings was based on Noam Lotan's quote from last summer, coupled with my own speculation for the third quarter. Anyway, I appreciate your projections based on the 20% to the year 1999. It was a lot of fun dreaming about what might be.
Best Regards,
Sam |
