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Re: 2morrowsGains post# 119455

Wednesday, 10/07/2009 12:50:07 PM

Wednesday, October 07, 2009 12:50:07 PM

Post# of 174031
CSGH: I own CSGH and was looking at a 6mo chart and am worried about the somewhat "parabolic" shape of the stock price since July. Have anyone seen any revenue estimates or earnings estimates that appear to justify the price CSGH increase from less than .75 in July to the $2 level we see today?

The tests they have been conducting sound like they bode well for future sales, but we haven't quite experienced those future sales yet, so maybe too much optimism & enthusiasm is built into the stock price. Earnings for the last 4 qtrs are pretty flat at about .04/qtr, while revs were best in 1Q09 vs rest of yr.
Revenue growth Yr/Yr (1Q10 vs. 1Q09) probably will not provide a stellar comparison; in fact, it's not obvious that they will show any 4Q10 increase over 4Q09.

IMHO, this stock, which I own, appears on the surface to have run too far too fast since July.

Regards,
'peeker

Chiura Obata painting at Yosemite


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