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snow

04/11/24 9:31 AM

#50910 RE: moneyman2013 #50909

moneyman I think this statement is so conservative and so general that it does not imply any real news. It does not imply any progress. The company has already been profitable for a couple of quarters last year and revenues are up in the last quarter too. Then comes the acquisition which if it is as profitable as last year will provide the minimum operating income projected for this year (one million dollars). I assume the CEO wants to communicate substantially increased profits this year compared with the running profits at the end of 2023. He is too conservative to do so. Thus my impression is that there is a conflict between his intentions and the words he uses to express them. Therefore I refer to him as foolish.