Replies to post #23 on KowaBunga! Inc fka KOW (KOW)

[shmolton]

I hope so...

...the sequential revenue growth of 28.5% is very impressive, and this is before the finalization of the 1st quarter acquisitions. With these aquisitions, 1st quarter revenues should be over $10 million. I could see them having revs over $50 million this year. The only potential problem I see affecting shareprice tomorrow is the decrease in sequential earnings, although these appear to be due to a one time charge for bad debt writeoffs. The amount of that write off will be telling of the true operating margins, but it does not appear to be specified in the 10-k. I did however read the 10-k from Yahoo, so perhaps that was a condensed version.

[shmolton]

The yahoo version was a condensed version...

...I'm gonna look over the full 10-k now and we'll see how much they in bad debt they wrote off.