Value Microcaps Motherboard

[abh3vt]

Wade, re SUWN. The actual guidance given by the CEO contains some wiggle room:

""In summary, our organic growth should allow us to achieve annual revenues of $25 to $30 million and earnings in a range of $0.06 to $0.08 per share in the next 12 to 24 months. "

I've read the PR over and over but still can't figure out the exact guidance. Does he mean 25-30MM in FY06? or FY07? My guess is that it is further out than this current FY, because they would have to average 7.3MM in rev per quarter to achieve that. New production came on line in September, but that means they only had about a month or so in Q2 to take advantage of that.

They did 12.1MM in revs for FY05. Q1 revs were down slightly from last year because of production issues. Q2 will begin to show some improved results but we probably won't see bigger topline growth until Q3.