>
> I can certainly understand any bitterness
>
Me? I'm not bitter. I just love to analyze the H*ll out of any new information. Remember the first sentence of my original post--"my long-term hopes for the company are high".
However, for the sake of discussion...
>
> "...such generosity may end.." Humm? Why would you think that?
>
Well, the funding for the dividend must come from somewhere. If net income for the quarter won't cover the dividend, then the company will start eating away at retained earnings.
>
> Just from the PR... "...one time cost... created
> approximately $.07 per share negative impact..."
>
giff, hmmm, you'd better read the press release again.
"Net income in the first quarter was adversely impacted by continued increases in commodity cost and a one time cost associated with the re-alignment of the eastern portion of our route system. The net effect of these costs created approximately $.07 per share negative impact on our earnings per share."
These sentences are very tricky. Is it really **ONE TIME** if the company only re-aligned the eastern portion of their route system? How much of that $.07 is for "increases in commodity cost" and how much is for "one time cost associated with the re-alignment"? The press release doesn't say.
In short, we can predict NOTHING about the next quarter because we don't have enough information to understand the current quarter. How many "portions of our route system" do they have? Don't know.
I think you see my point....
Cheers!
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