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Re: MikeDDKing post# 312

Thursday, 08/30/2012 9:54:10 AM

Thursday, August 30, 2012 9:54:10 AM

Post# of 373
Yes that looked decent and the further commentary about the EDC segment picking up (used words "bullish on further growth") also helps (in Outlook section). EDC is usually higher margin I blieve. Also some verbiage of a major Trade magazine helping target the Gas and Convenience biz industry.

They are staying with topline guidance of $11-$11.5 mill for full year so not looking at much pickup sequentially on topline. However, Michael Gaffney does have a history of hitting/exceeding their guidance/marks. And the 55-60% GM guidance for Q3 is helpful.

Could be looking at a cash cow (cash generator) in a couple quarters.

I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog