2 inches high at 100 yards.
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I personally think it will go a little lower too. I think AF's won't come out until that has occured. I think that THEN and ONLY THEN will they be released. And I think any one who holds the line will be rewarded.
or not.
HAHAHAHAHAHA.
GOOD LUCK!
Nice move H.O.G. I was busy yakin' and missed it. Notice the flurry of activity right after the 911 signal?
Did'nt make it in time. Gonna put it in anyway in case it dips again
Ok, you guys sucked up those .11 shares too fast for my fingers. Nice work!
And a nice spot to get more. Taking my own advice NOW!
I think you are right, and it will come back to .12 - .13 today!
we'll see.
Michael Jackson AND Wesly Snipes need to get in low so someone is holding price down until they are done. (how many is that?)
Some plans require a close to the vest approach. AF's could take a while. Buy, Sell, or HOLD. Follow your instincts. He has the data, has not released it yet. Put your self in his shoes. Why might you do this? He KNOWS how much money is involved. Why would he do this? Decide, then do what you gotta do. I'll be right here. Waiting.
Absolutely, we are seeing a plan being executed before our eyes, are'nt we.
OT: The stock seems to be holding up quite well!
Float, I get it!
Trying to switch from fish to candy, that would be sweet.
A master?
You mean "Fins up in the tank".
He does'nt care about the whiners OR people taking profits.
Well, if PV is reading here he will realize we've all snappered, time to release the data!
The sljb grouper losing their minds with all this waiting!
Nice fry.
On a musicle note, you can play a piano, but you can't tuna fish.
I just busted a gut, I think I need a sturgeon.
And by THAT time AF's will be out and I will be filthy rich!
OK, according to relativity (e=mc^2 not little lobsters) you can only achieve a fraction of the speed of light (C).
yep still bored!
Yeah, I'm a little bored. Waiting for this coiled spring to come loose and hit me right in the face.
OT: But the air inside the vehicle is traveling at the same speed!
Taking a shot here, bought more DURING CC, I think it will be positive. ROLL THE DICE BABY! What the heck I'm bored.
Just finished a drawing, now I have a nice pic of some DRAWN BUTTER. lol, just kiddin' lobster man.
Pre conference call!
peorge, Halloween is NOT a holiday my man. Can't believe you don't already know this. Everone that has a job works today. NOT A HOLIDAY!
Yes, PLEEEEZZZZZEE give us something to talk about.
FWIF Cramer likes LVLT
This is a cut and paste from a JC article.
Meanwhile, while lots of people want to play the growth of the Internet through an F5 Networks (FFIV - news - Cramer's Take - Rating) or an Akamai (AKAM - news - Cramer's Take - Rating) -- both very worthy choices -- I think the best way to play it is with Level 3. It's growing as fast as many of these companies when it comes to the Internet, at least, but it needs to fix its capital structure. It will, and the stock could double in 18 months when it does.
And if that happens, That will be BIG news, causing more of a run up. imo
Going to watch Cramer now, that guy is entertaining.
Good night and good luck to all the beleivers.
MGB'ers, bad night and bad luck!
Yep, I've heard people say this is acting like all pennies. That is dead wrong imo. I'm very encouraged by the support at this level.
Yeah, on my first jump they gave me a modified military T-10 parachute. Designed for soldiers with a bunch of equipment strapped on. Came down light as a feather. Luck of the draw. Relied on others for safety. Alot like my first trades years ago. Elsinore, great drop zone, known the world over. Sorry about your limp.
Absolutely!
Yes! Don't just win the war, decimate your enemy!
Agreed, Every time I prepared to exit an aircraft I knew that it was possible that I would die. But I desired exhileration and adrenaline (the payoff). Armed with self confidence and knowledge (DUE DILLIGENCE), I would once again hurl myself through the door. No risk, no gain. Not playing, for fear of losing, is just not an option.
Let me see if I can think of something positive to say about you. Hmmmmm. Ummmmmm. Oh I know, at least you are consistant!
LOL!!!
Yes this stock is volitile and will be for a while. I believe though, that it will trend upwards over time. LVLT continues to execute their de-leveraging stratagy, as debt level reduces SP will increase. In the long term this company could very well return to their historacle high, or close to it. This is a long term play for sure. ACCUMULATE!
Positive earnings report.
BELLEVUE, Wash., Oct 26, 2006 (BUSINESS WIRE) -- drugstore.com, inc. (DSCM, Trade), a leading online provider of health, beauty, vision, and pharmacy products, today announced its financial results for the third quarter ended October 1, 2006. The company reported quarterly net sales of $100.6 million, driven by 17% year-over-year growth in core over-the-counter (OTC) net sales (1), and a net loss of $2.6 million, or $0.03 per share, reflecting a $4.5 million improvement from the same period of 2005. During the quarter, the company generated $1.9 million in operating cash flows, the highest in the company's history, and achieved its second consecutive quarter of solid, adjusted EBITDA. Adjusted EBITDA of $1.3 million was an improvement of nearly $6.0 million from the third quarter of 2005. Adjusted EBITDA is a non-GAAP financial measure defined as earnings before interest, taxes, depreciation, and amortization of intangible assets and non-cash marketing expense, adjusted to exclude the impact of stock-based compensation expense.
"Our third quarter results reflect continued progress in 2006 and steady improvement of our business model, with record positive cash flows from operations," said Dawn Lepore, chief executive officer and chairman of the board of drugstore.com, inc. "As part of our strategic plan, we have focused on our OTC segment where gross margins increased by 320 basis points to 30.2% and contribution margin dollars increased 41% over the third quarter of 2005. Along with margin expansion, we continue to see healthy sales growth of over 17% in our core OTC business which was driven by the strong performance of a number of key categories - most notably our beauty business. Beauty.com reported 38% year-over-year growth, reflecting the addition of a number of high-end prestige brands."
"As we enter our seasonally strong fourth quarter, we are focused on delivering strong results and driving accelerated growth through a number of strategic initiatives and new partnerships," added Ms. Lepore.
GAAP net loss for the third quarter of 2006 was $2.6 million, or $0.03 per share, compared to a net loss of $7.1 million, or $0.08 per share, for the third quarter of 2005. The company's GAAP results reflect $1.8 million in non-cash share-based compensation associated with FAS 123R. In accordance with FAS 123R, the expense for current and comparative periods is reflected within the applicable functional operating expense lines within the statement of operations.
1. Core OTC net sales is a non-GAAP financial measure that excludes from OTC net sales the company's wholesale OTC net sales and Custom Nutrition Services ("CNS") net sales. Wholesale OTC sales were generated by the company's December 2003 agreement to provide fulfillment services to Amazon.com, Inc., which was terminated effective as of November 9, 2005. CNS sales are generated by sales of customized vitamins through the company's CNS subsidiary. Prior to December 31, 2005, all CNS sales were recognized on a gross basis, net of promotional discounts, cancellations, rebates and returns allowances. Under the terms of the company's December 31, 2005 fulfillment agreement with Weil Lifestyle, LLC (Weil), the company recognizes on a net basis the revenue associated with the fulfillment of customized vitamins sold through its fulfillment agreement with Weil (which made up the majority of CNS net sales during the quarter). A reconciliation of OTC net sales to core OTC net sales is included in the financial data accompanying this press release.
Outlook for Fourth Quarter of 2006
For the fourth quarter of 2006, the company is targeting net sales in the range of $108 million to $110 million, net loss in the range of $2.9 million to $3.4 million, and adjusted EBITDA in the range of $1.0 million to $1.5 million.
Financial and Operational Highlights for the Third Quarter of 2006
(All comparisons are made to the third quarter of 2005.)
Key Financial Highlights:
-- Total contribution margin dollars increased 29%, while the company reduced fixed costs by 7%.
-- Contribution margin dollars from the OTC segment grew by 41%.
-- Gross margin expansion was a key contributor to contribution margin growth. Overall gross margin increased by 160 basis points, while OTC gross margin increased by 320 basis points.
-- Total orders grew 4% to 1.3 million while contribution margin dollars per order grew by 24% to $11.
-- Core OTC (1) order volumes grew by 20%
-- Cash flow provided by operating activities was $1.9 million.
Net Sales Summary:
-- Core OTC net sales (1) grew by 17% to $45.0 million.
-- Mail-order pharmacy net sales were down 11% to $17.2 million.
-- Local pick-up pharmacy net sales were up 8% to $25.2 million.
-- Vision net sales grew to $12.7 million, a 3% increase.
-- Average net sales per order were $77. Average net sales per order were relatively flat for OTC at $55, up by 18% to an all-time high of $176 for Mail-Order Pharmacy, down 6% to $104 for Local Pick-Up Pharmacy, and grew by 11% to $92 for Vision.
-- Net sales from repeat customers represented 82% of net sales. (2)
Key Customer Milestones:
-- 8.1 million customers have been served since inception, including 283,000 new customers in the third quarter.
-- The number of active customers (3) grew by 11% to just under 2.2 million.
-- The average annual spend per active customer (3) was $188.
-- During the quarter, the company fulfilled its 25 millionth order since inception.
Other Financial Highlights:
-- Fulfillment and order processing expenses decreased to 9.9% of net sales, from 10.1%.
-- Inventory turned at an annualized rate of 14 times during the quarter.
2. Net sales from repeat customers excludes wholesale OTC and Weil-related CNS net sales and reflects only the activity of customers making purchases through the Web sites of drugstore.com and its subsidiaries.
3. Active customer base reflects those customers who have purchased at least once within the last 12 months. Both the active customer base (a trailing 12-month number) and average annual spend per active customer exclude net sales and orders generated by the company's wholesale OTC and CNS fulfillment relationship with Weil, and reflect only the activity of customers making purchases through the Web sites of drugstore.com and its subsidiaries.