Netman:
I am surprised that you would post something from company-published material like that. Not that is is wrong, quite to the contrary. In this case, in the case of uWink, I think they are actually being conservative. It is just that in general, nothing replaces original research or comparison. Reading company news , financial statements, and financial projections is misleading. They always put way too positive a spin on it. That is why a small investor must go to impartial unbiased sources for financial information, and set firm criteria for buying/selling from which he/she does not waver.
In my early years I invested in a few companies on such a basis, before I learned to be choosy (discerning). They now sit in my account untradeable, and annoying me. When I look back at some of the financial information and projections I read, it was b.s. My reasons for buying were b.s.
Let me say again, I cannot accuse uWink of that. Just a general statement. Original research, proforma calculations are lots more reliable in my view than that. Wish I could actually visit this restaurant...
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