Sam
I have been suggesting that this stock is worth 25 cents for a while, BUT it's 25 cents per million of revenue...so we are overpriced relative to 2005. However, given the data that we have it is most reasonable to assume a minimum of 8 million in '06 or $2 a share...Dutton's guess btw.
My reading of Sprague speak is that we get 5-7 of that in the last two quarters. As we are now within six months of the fourth quarter...one must suspect that the stock has most of this stuff factored in...all CPA's negatives....Stock might drop another 20% to 40 cents....Stocks can ALWAYS drop 20% on trading pressure (capital gains plays and acts as a limit on this kind of trading -- you gotta make more than 20% to make it worthwhile). In short, the odds are that we are going over a buck before we have folks selling at 29 cents.
Before any of us from CPA to ME spread anymore fear and doubt among friends -- why not wait ten days to see the reality of how Dell Deals with Wave. I believe they have annointed us as their partner for DATA SECURITY. I believe that the tech journalists are going to understand that this time. I believe that changes EVERYTHING. We will know between now and April 10th how many MORE articles will be written talking about Wave as a security partner in Laitudes. Until we know that, we know nothing and that alone can bring a lot of buyers. (Buy stock in things you own and like)
F