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To: Perspective who wrote (54044)1/4/2001 12:06:40 PM
From: chic_hearne  Respond to of 436258
 
I'm far more interested in Sickso. If that POS manages to attempt the $50 mark, I'll go medieval on it.

ho ho ho

I'm with ya. I've got about 1/2 to 1/3 of my position built at an average of $52, but I want to sell more. -ggg-

This puppy is easy money if timed right.

Prior 4 quarters of operating income is $.11, $.08, $.11, and $.11

Consensus going forward is $.19 and $.20, then $1.01 for the following year.

Given the environment, I find it hard to believe they can grow operating income. So how will they meet estimates? Same way they have the last 4 quarters, sell a shitload of stock.

But there's one minor problem, LNUX doesn't trade at $150 anymore and RHAT doesn't trade at $100. Add to that their increased bad loan reserve and they're going to need even more speculative income.

Crisco's accounting is like a ticking time bomb. It will go. They can't keep this game up any longer. A trailing P/e of 100 is crazy for this rummy company that hasn't been able to increase profits for 4 quarters in a row.

This is why I haven't covered and won't. I'm riding the storm because it may not be earnings day they fess up, it could be any day and I want to be on board. -ggg-