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bayoubucks

03/15/05 4:13 PM

#6872 RE: jasonak #6871

It's like trying to catch a tilapia in a large pond.

PC

03/15/05 4:43 PM

#6876 RE: jasonak #6871

HQSM - when is the next earnings release?
TIA
PC

cleverrox

03/15/05 7:04 PM

#6889 RE: jasonak #6871

HQSM (details inside), Jasonak, I am catching the falling knife as well. Barrons still selling, possibly driving down share price. The effects of the Sealink acquisition were not fully recognized last quarter.

Sealink had revenues of $8M for the 12 months prior to the Aug 17 acquisition by HQSM. So Sealink's revenues were only counted from Aug 17 - Sep 30 for last quarter, so I expect to see higher revenues for 4Q, probably $1M than 3Q. So revenues of at least $9M.

The bad thing here is that HQSM was wanting to make some acquisitions this year, which they may have been counting on to reach the $.11 EPS estimate, but at such a low P/E ratio, it is going to be tough since they only have $5M cash on hand and their stock won't go very at this valuation.