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Re: msturgeo post# 65230

Tuesday, 10/22/2013 12:58:42 PM

Tuesday, October 22, 2013 12:58:42 PM

Post# of 81578
Holy Prognostications Mstugeoman!!!

Congratulations, you really nailed the Q3 revenue volume and percent increase numbers.

I was pleasantly surprised by the numbers as I was anticipating that revenue might decrease in the 3rd and correspondingly increase in the 4th based on a shift in ordering patterns occasioned by the domestic inventorying program.

It seems management might have been somewhat surprised also based on this quote from the release:

Importantly, we are seeing indications that approximately 80% of our second half 2013 revenue will be related to our legacy domestic import shipment program. This shows that the implementation of our direct distribution program has not lessened the magnitude of our seasonal direct imports."


All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)