InvestorsHub Logo
Followers 5
Posts 668
Boards Moderated 0
Alias Born 01/02/2005

Re: lakes post# 233

Wednesday, 07/29/2009 11:41:16 AM

Wednesday, July 29, 2009 11:41:16 AM

Post# of 4143
I was leaning towards adding after I did a little more work this weekend. This piece of news made me think not to wait. Short term looks to be a no-brainer. Just hoping that the modification of the business model did not produce a dramatic change in operating costs. If they are able to enhance the model w/ their existing structure or only a modest increase so they can benefit from the revenue growth, than they will more than double EPS, as many have pointed out. Risk/reward seemed fairly small here and company seems to have been just underappreciated for a while because the lack of any significant earnings even though revenue grew. If the quarter is as expected, than we get substantial revenue growth and earnings growth. Sounds like a volatile mix.