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Icanslim

05/06/09 11:14 AM

#86285 RE: TEAM ICEMAN #86284

Iceman, much thanks for the info.
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VERAX

05/06/09 11:15 AM

#86288 RE: TEAM ICEMAN #86284

Any idea as do down side if they dissapoint?
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TEAM ICEMAN

05/06/09 11:27 AM

#86298 RE: TEAM ICEMAN #86284

I would only be throwing darts if I were to guess on the downside. It would depend on how much they miss by.

I will say that I'm comfortable holding into earnings for two reasons:

1) They took whats known as a "big bath" last quarter and took a 1.4 billion dollar one-time expense. Otherwise they would have been profitable for a forth straight quarter.

http://finance.yahoo.com/q/is?s=KFN

2) Being front-runners for a $1.8 billion dollar beverage producer tells me they have some free-cash flow and the ability to get financing for whatever they can't afford, both suggest profitability.