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To: rrufff who wrote (1670)12/12/2006 6:30:24 PM
From: creede  Respond to of 1694
 
I was hoping the PR was the opposite, but you could be right. Here is a post that seems to sum it up from IHUB.

Posted by: swb173
In reply to: Creede Bighorns who wrote msg# 2521 Date:12/12/2006 9:40:44 AM
Post #of 2533

I am long this stock, but it looks to me that we are being prepared for a shortfall on the $4 million run rate for 2006 predicted in April. Perhaps December will be big, but in the first 2 months of Q4, revenues are about $600,000. We are on pace for $3.7 million or so for the year, and probably a small loss.

It does appear that Q4 will be better than Q3, and the PR suggests 2007 will be good.


So in reality, it seems that LBWR still may be missing that one big client that will break us the heck out of the .10 range in the short term. But who does not think they can do it? They have already signed quite a few big names.

GB-ND
creede



To: rrufff who wrote (1670)12/12/2006 9:30:08 PM
From: creede  Respond to of 1694
 
Here's babybull's take on the situation.

Labwire, Inc
This morning, Labwire, Inc. (LBWR) reported 2006 year to date revenue through November of $3,342,698 compared to $2,314,622 for the same period a year earlier. This represents an increase of $1,028,076 or approximately 44.4%.
Based on eleven months of actual results and assuming that December 2006 revenue is the same as December 2005 revenue, BabyBulls.com projects fiscal year 2006 revenue of approximately $3,692,076. BabyBulls.com believes that projected 2006 revenue number of $3.7 million does not include the following: (i) 100% of the expected annualized revenue from the $1.8 million agreement announced on June 15, 2006; (ii) 100% of the expected annualized revenue from the up to $2.25 million agreement announced on October 3, 2006; and (iii) 100% of the expected annualized revenue from the agreement with Carolina Trailways announced on December 7, 2006. As a result, LBWR’s current run rate is higher than what it will announce for year end results and is probably somewhere well above the $4.0 million level.

Using a range of revenue multiples of between 5x and 7x, LBWR would be more fairly valued between $20 million and $28 million or between $0.143 per share and $0.20 per share. Based on the above assumptions, BabyBulls.com believes that LBWR is currently undervalued and represents an excellent investment opportunity.

To view the entire press release, please click here.

The full investor profile for Labwire, Inc is available at: www.babybulls.com/profile_LBWR.htm

GB-ND
c