InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,929.04
(
2.53%
)
US TECH 100
20,202.80
(
2.61%
)
Dow Jones
43,729.93
(
3.57%
)
Brent Oil
74.82
(
-0.34%
)
Bitcoin
74,830.72
(
-1.07%
)
Post# of 174010
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

hweb2

Send PM Follow Ignore
Followers 312
Posts 21707
Boards Moderated 18
Alias Born 12/28/2002

hweb2

Member Level

Re: None

Wednesday, 05/11/2005 11:27:59 AM

Wednesday, May 11, 2005 11:27:59 AM

Post# of 174010
SYX getting hammered after announcing they will restate 2004 results. Earnings will drop from .35/share to .25-.27/share.

Might be an opportunity here. SYX had a monster Q4 with revenues up 26% and earnings of .25/share (before restructuring charges) vs. .05/share last year. Even if if you take away a few cents from Q4 earnings, the stock looks like a bargain in the $5's. Solid balance sheet with tangible book value of $6.25, including $1/share in cash. Q4 and Q1 are their seasonally strongest quarters, so should have a good Q1 report soon.


Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up