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gilead23

01/24/24 12:33 PM

#110149 RE: jtomm #110148

SRTS announced about the same time last year and while the numbers then were good they were technically a miss.

I think the good news was released yesterday. They’ve already indicated low 60’s margins for the quarter and flat expenses. I think the idea it will be a good quarter is almost a given. I’d guess in the .15 range. Of course you can’t completely discount your scenario. It would devastate any shred of perceived management competence. Not likely but it happens.

They’ve had a terrible year, and lost credibility, but their long term growth record is pretty decent, and they had a similar issue in 2013/2014 when revenues went from 10 million to 6 million and bounced back to 10 million in 2015. I need to go back and read what happened in 2014, but if history repeats here and they are back up to 2022 revenue levels this year I think it’s a big winner.

Still don’t trust them however.