Earnings Monday Posible 10 cents per share and $7+ target very achievable based on:
Q1 - Q2 sales gain
In early 2006 this stock went past $9 after it earned $.08 per share in Q4 2005. It earned $.04 in Q1 2006 its weakest quarter. In 2005 Q2 sales exceeded 2005 Q1 sales by $400,000.
margin increase Cost of revenue % was abnormally high in Q1 and the 10Q stated that cost of service would jump around but show similar overall % to 2005 so I expect cost of revenue % to decline in Q2.
profit outlook "Based on another strong quarter and our continued focus on increasing revenue and managing operations we expect to enhance our operating performance and profitability throughout 2006."
1 time gain Legal settlement of $460,000 or 4 cents per share.
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