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bowonwing

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bowonwing

Re: None

Wednesday, 10/31/2007 12:31:21 AM

Wednesday, October 31, 2007 12:31:21 AM

Post# of 129
AXT third quarter 2007 results. Rev: $14.5M; EPS: $0.03. Estimate was $0.05, -0.02.

Short-term, interesting bump in the road.

Long-term, the 64 thousand dollar question is can AXTI execute it's business plan?

From what I know about this company all of the pieces are in place for good, sustainable growth, but it did not happen in Q3-2007 and Q4-2007 EPS estimates are down to between $0.03 and $0.05, when previous estimate was $0.06. Wish I knew what the answer was here.

Stock price got hammered this week and closed today (10/30/07) at $4.64.
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