Also, by looking at changes to cash flows, AR/AP's, margins, etc, you can determine just how effectively they are handling their "exponential growth." It's great to grow, but its better to maximize ROI while growing by managing your business well. Improvements or worsening of the ratios in particular can tell a long term holder a lot about the management team and if they really have what it takes to take a growth company to the next level.
Ren
IMO DYODD
"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
www.younglife.org