Wednesday, May 04, 2011 12:55:20 PM
i'm sure everybody is anxiously awaiting the result's
the reason i'm a bit pesimistic about the bottom line is the $760,000 in total expense's they had in the 3rd quarter last year,which really bit into the $890,000 gross profit.
This came on the heel's of a cost cutting total expense's of only $510,000 in the prior(2nd Quarter)
..they "bit the bullet" again in the 4th quarter last year..only $466,000 total expense,but they really wanted to show a profit for the quarter(and would have if not for a late December shipment they had to reclassify as 1st Quarter revenue)
..i certainly hope my pessimism turn's out to be wrong,and that they actually do post a $200,000 or better profit(!),but my hunch will be higher operating expense's and the $125K/$175k profit
....
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