Applied DNA Sciences Inc (APDN)

[Shail]

Yes A1.

I was not impressed by the call yesterday. The revenue this quarter was largely due to a backlog that they had carried forward.

What I did not like is that the Dr could give no guidance for the next quarter. He was not sure of even matching the revenue for the first quarter. By the middle of a quarter, a good leader should be able to make a reasonable forecast. This gave me a feeling that he was not sure of doing as well in the second quarter.

Expenses was another reason why I got put off. I had other options to put my money in, which looked more promising in the near term.

I may look at APDN later this year.