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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (40169)11/19/2010 3:01:39 PM
From: Paul Senior  Read Replies (1) | Respond to of 78752
 
DPDW. Finally, some improvement in business and a cessation of the fall in stock price. I'll continue to hold. May later add more to lower my cost basis, which is $.21/sh. (ouch)

"Ronald E. Smith, Chief Executive Officer stated, "The industry has gone through some very difficult times the past eighteen months, however it is now showing signs of strengthening. Our third quarter was very positive, showing significant growth in revenues, along with improved margins and reduced expenses. The Company would have reported net income in excess of $1.1 million this quarter except for a $4.5 million goodwill write-down. Our cash flow continues to strengthen as well, as can be seen by a $3.1 million improvement in Adjusted EBITDA in the third quarter this year as compared to third quarter last year. We expect business to continue to improve over the next several quarters.""

finance.yahoo.com