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Re: Knowledge is King post# 7016

Tuesday, 07/17/2012 11:00:02 AM

Tuesday, July 17, 2012 11:00:02 AM

Post# of 10862
Quarter was disappointing vs. what I expected but was still profitable with solid sales and near term future still looks very bright. SG&A up as you pointed out, but I guess we should have expected that as they make a bigger effort to launch the new needles especially since they had some expenses related to getting the FDA safety designation -- expenses that shouldn't be repeated going forward.

So I expect higher sales coupled with lower expenses going forward. Next Q report could and should be a record one across the board. The safety designation from the FDA came in at the very beginning of the quarter.

How about you. Thoughts?

Raw

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