I spoke to Barbara Hall this a.m.
I asked her if she would have made 10 or 11 cents if the sales were
there, and her replay was 'more like 15 cents', because of the leverage.
If they did 15 cents, the stock would be moving up, rather than down.
The only number on the street belonged to Shroeder, and they expected 14 cents.
To my question regarding earnings for the balance of the year, she said that they wanted to see the final numbers for this quarter first. They may make a penny, or they may lose a penny.......she's not sure yet. But they plan to stay very conservative with forward projections.
The only bone she could throw me was that the second half should be
stronger.Not much to hang your hat on, huh?
With a three week wait for the official release, and a three month wait for Q3 ( and who knows what that will bring?), IMHO this stock is dead money at best.
I also asked about capacity problems. New capacity should be there by year-end. Next question: Will it be enough? Barbara: Yes, for the foreseeable future.
I still hold my belief in eventual success for this company. But now is apparently not the time.
Good luck.
Richard |
