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Re: chdobull post# 69889

Monday, 11/16/2015 1:44:06 PM

Monday, November 16, 2015 1:44:06 PM

Post# of 81577
chdobull, it's fairly simple -

We've all been here so many times before that the attitude has become "Don't tell us how great it's going to be, just show us the damn money with some firm assurance that this is not going to be a repeat of 2014"!.

(If you recall in 2014 the 3rd quarter ended with supposed "record backlogs extending through the end of the year". In reality, due partly to some revenue manipulation, the 3rd quarter 2014 did record record revenues although relatively modest profitability. However, the 4th quarter results which were also supposed to benefit from that "record backlog" turned out to post the greatest single quarter loss in Capstone's history dating back through 2007)

Perhaps this explains some healthy skepticism about this company's ability to follow through on their future performance despite anticipated stellar results for the 3rd quarter.

As the 4th quarter is already half over, and for practical purposes considerably further along than that relative to order shipments/revenues, it is not only possible but mandatory for the company to provide accurate guidance at this time to their loyal shareholders relative to year end results.

All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)