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Friday, April 30, 2004 5:58:37 PM
What we got today was something that we have all been screaming for, a timely, accurate, positive press release. IMO, the heads at KOP have taken a major step in the right direction by having this hit the market as soon as the NEC numbers were digested. Past is past and I believe the company is learning from it.
These are the numbers I have been looking for. ($31 million in revs). That equates to $124 million plus or at 10x revenues a $1.24 Billion dollar cap. The next important factor is can they keep it going? If they can project similar revenues for next quarter we will be in great shape. Price will be above $20 maybe even hit $22.50. ($1.24 billon cap / 55 million shares = $22.54). Consistant foward progress is what we need along with quarter to quarter revenue growth. That is what wall street wants.
In this game numbers ALWAYS win. If they put up the right numbers no one will care about Harry, Roath, Fagan, Howard or Merit. This is a bottomline business put up GREAT numbers you are GOLDEN put up bad numbers you are a BUM.
Right now they look pretty darn golden.
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