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Re: Rawnoc post# 1047

Wednesday, 07/07/2010 12:28:45 PM

Wednesday, July 07, 2010 12:28:45 PM

Post# of 2463
I'm not into forecasting, but from what I see of the new SCIG launch and pump requirements, I expect that revenue will continue to grow at a healthy clip over 20% from last quarter....and possibly be as high as $1.5M for the quarter ended May 31st. I'm not really familiar with their margins, but think that maybe something close to 0.015 EPS could fall to the bottom line.

The reason I bought more before this next report is that I think another quarter of growth will demonstrate that the growth and earnings are sustainable.....and draw some more interest here from value investors.....who might think it's worth a P/E of 10.....and hike the PPS up to near $0.40.

Just my hunch, but I've waited since 2007 and could wait longer.....I just think last quarter and the new SCIG launch are a good indication of accelerating growth here.

"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854

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