Replies to post #244405 on Zeev's Turnips Patch-No Politics (ZEEV)

[Alchemist]

Long term Probabilities vs. Fundamentals of "this time it is different" = discussion that goes nowhere

Like I said I agree with your being defensive argument.

[steviee]

LJ International Revenue Rises 30% In First Quarter 2004
Thursday May 13, 9:01 am ET
Operating Income Up 32% as Jewelry Firm Begins Expansion Into China's Retail Market
First Quarter Highlights: -- Revenue of $14.5 million, up 30% from $11.1 million in the first quarter of 2003. -- Net income of $421,000, or $0.04 per fully diluted share, compared to $358,000, also $0.04 per share, a year earlier. This is the Company's seventh straight profitable quarter. -- Operating income of $572,000, up 32% from $434,000 in the first quarter of 2003. -- Balance sheet remains strong with over $5.3 million in cash and zero long-term debt. -- Company makes significant move into China during first quarter, with new Hong Kong showroom and Mainland Chinese Government approval for accelerated expansion.


HONG KONG and LOS ANGELES, May 13 /Xinhua-PRNewswire-FirstCall/ --