TMCS is not a typical internet stock. They will have real earnings other than advertising revenues. Therefore, while a greater number of shares dilutes, added income is what the bet is on. Their income starting in another year will begin turning plus and should take off almost exponentially. Of course, by that time, the big boys will have all their money in it and the price will already reflect that.
As for profits, spoke to Investors Relations about three weeks ago and they did not have an exact date. Will try again later this week, but, according to sources on the Yahoo web (which I do not always trust), it will be this week, so I may be late.
Don't expect too much. Again, you are investing on future expectations. If you want earnings now, try INTC, MSFT, ORCL, etc.
Good luck. |
