Thursday, June 30, 2005 10:06:09 AM
It just makes sense that unless the #1 dealership was closed for the quarter we're looking at $3-4M right there. In terms of the Navi-business results it is small potatoes in Q2, but signed deals and sizable contracts should start their engines nicely for Q3's report. That won't come for a while, but news will be coming that we can all digest and put analysis into. They definitely have some costs that were incurred last quarter, but who among us has serious misgivings on the goings on to date? The balls they are juggling are many and pretty impressive. Can management keep up? My vote = YES.
Now with all that said, who would have believed today's news would be such a Ho-Hum for the market's reaction. My thoughts on that have been spoken of before as I prefer a steady tidal rise in the stock to tidal waves. It's just another measure a serious fund manager or seasoned investor will look at before dipping in their toe to see how the water feels. Anyway, just a personal opinion and yet one I hope others can agree with.
Down $.01 on ~13000 shares sure feels pretty calm. Are we halted? ;)
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