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SSKILLZ1

04/22/20 10:06 PM

#71346 RE: hweb2 #71343

VASO

who cares if at the end of 4 quarters it equals breakeven or so. Is it really more exciting that a company post -.02 the first 3 quarters combined and post .02 the 4th quarter for breakeven, or four quarters of .00. It is the same thing to me. This company has always been highly seasonable on profits thanks to professional services being weighted to q4. And the IT business despite all it's revs never makes a profit, never. And neither does the equipment business either, I think it would be lucky to breakeven to a slight profit in 2020, and we are talking about cheap.

One thing that I always hear that bothers me in DD by plenty of smart investors too is it is cheap because cash is this. That to me is irrelevant if tangible book value is negative. Just my take I see losses the next couple of quarters. But if you want to get excited about it at .03, that is fine, to me I will pass and than pass again. Time will tell. All is just my opinion, and I could always be wrong though.