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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (843)	8/11/2005 1:10:16 PM
From: Jibacoa	Read Replies (2) \| Respond to of 1404

Yes,ARDI has been doing well in spite of its disapointing 1st & 2nd Qs results.<g> The revenues improved 12% and 13% respectively but it had a loss of $0.03 im the 1st Q which increased sequentially to $0.07/shr on the 2nd Q. It has continued to announce new business, but the EL for 2005 is around $0.08/shr which means that it will not have a further loss on the remaining 2Qs but the earnings will not show a good comparison with last year's when it reported earnings of $0.05/shr and $0.04/shr on its last 2Qs. (Last year earnings were $0.20/shr and it is expected that ARDI will be back on the black with earnings of $0.10/shr in 2006 by then the stock may get back to the $15 level, but it can have a rocky road over the near term.<g>) The stock has closed its May 6 downgap and its next hurdle is the April 22 H at 3.99 (The resistance at the $4 level looks pretty heavy.<g>) bigcharts.marketwatch.com Bernard