InvestorsHub Logo
Followers 2
Posts 132
Boards Moderated 0
Alias Born 01/22/2004

Re: skitahoe post# 10869

Tuesday, 06/27/2006 3:46:35 PM

Tuesday, June 27, 2006 3:46:35 PM

Post# of 36793
Granted the report was UNAUDITED BUT that indicates as any CEO would disclose, the BEST. Removing ANY associated costs as a function of purchases for equipment etc; still leaves this GARAGE operation in the red. The wage RANGE I indicated shows this for what it is; a sweat shop at best with a great RENT source for FH. NOTE: My wage range did not even enclude the UPSCALE wages as a function of management. I dare ANY body to show a NUMBERS BASED analysis off the report that PROVES profitability justifying 5.3bil OS. This is nothing more than a BET or ROLL of the dice. Money can be made IF IRRATIONAL EXHUBERANCE kicks in due to a wonderfull BS PR. Based on the reported numbers this thing isn't going ANYWHERE.
This company was HYPED at ~10 times the so-called earnings and even with that was marginable at best.
Just my opinion!
Have a nice day!
abcs