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MikeDDKing

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MikeDDKing

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Re: argyle46 post# 34

Wednesday, 04/04/2007 10:26:48 PM

Wednesday, April 04, 2007 10:26:48 PM

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argyle, I agree that $10/share is a likely scenario for later this year.

I'm sticking with my original Q1 EPS estimate of $0.15 to $0.20/share but I think that $0.18 per share is a likely number. At some point I think they will start to see improved GM numbers which should really get the earnings cooking. I expect improved GM to happen by Q3 but it could be as early as this quarter. For right now I'm guessing Q2 will be in the $0.17 to $0.22 range but a higher number is possible with GM improvement. I'll come out with a new Q2 estimate after the Q1 report is out.

Welcome to iHub! I noticed that this is your first post.

Mike
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