Replies to post #282829 on Zeev's Turnips Patch-No Politics (ZEEV)

[was hotlinktuna]

I appreciate your time on checking into IIIN for me Zeev...they are in their 4th Q now and are expecting it to be another good quarter. In the 4th Q of '03 they earned .98 I believe, so they did have at least one positive Q last year. The CEO indicated in their most recent report that they're expecting '05 to be a good year for them also even though they do believe pricing probably peaked this past Q. I know they have paid down a fair amount of debt with their cash flow and that is at least partially why they don't have a lot of cash on hand. My gut feeling is we'll see considerably higher prices once it trades on Nasdaq, where institutions will be much more likely to buy shares....but that's my take even though I agree with a lot of what you're saying...and I really appreciate your feedback! Have a great evening! tuna

[was hotlinktuna]

Oh Zeev...on earnings IIIN posted gains of $1.98 in Q3, .73 in Q2, and .08 in Q1 of 2004...totaling $2.79 these first 3 quarters and .98 in the 4th Q last year. I'm guessing they'll do better than the .98 this 4th Q due to be reported Oct. 22 as of now....they don't give any specific numbers in guidance however, so I'm just guessing as anyone else. Even at a $1.00 that would be a total of $3.79 earned in '04, which is a lot for a $10 stock in any case...I don't know why Yahoo showed losses until the 3rd Q of this year but thought I'd provide these figures from the 10Q's....tuna

[ranch hand]

ZEEV: CAH, THC, TARO -- in your opinion, have these bottomed? If yes, are they ready for a swing trade? Thanks. RANCH