SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: Steven Durrington who wrote (786)11/18/1997 10:17:00 AM
From: TraderGreg  Read Replies (1) | Respond to of 11708
 
Steve--Your analysis forward is pretty good. My only caution is that as the Company stated in a 10/28/97 press release,

biz.yahoo.com

they did expect to show a "minor loss (in 1997) similar to fiscal 1996". I state this only to ensure that there aren't a lot of people, new to the thread, who might demand immediate profits in the trailing period and panic sell if they don't see them.

Now, the Company has always been conservative, so there might still be POSITIVE trailing earnings, especially if Uinta profits are added in as a one-time item. That would truly be icing on the cake. BUT, HEY EVERYBODY, DON'T DEMAND PROFITS IN THE PRIOR PERIOD, OK.

The forward periods are what count. And Steve, I definitely think you have very do-able projections forward looking.

TraderGreg