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southacresdave

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southacresdave

Re: MikeDDKing post# 111278

Monday, 01/26/2009 10:37:59 AM

Monday, January 26, 2009 10:37:59 AM

Post# of 173847
Mike..ZAGG...I think expectations by some people for 4th Q are a bit excessive (some people on Yahoo were throwing out numbers of $8-10M). I think a repeat of 3rd Q numbers would be wonderful. That would put them at roughly 3.5x 2007 revenue. For net income---I'm sure expenses for expansion hit them a bit.

The real interest comes in 2009 numbers. If the company can double revenue numbers then they are looking at doing $9-10M per quarter as it continue to ramp up. That puts the stock at the current $1 a good buy IMO.

Dave
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