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mightyducks

05/04/12 9:11 PM

#24430 RE: SUB2CENTS #24426

I hoestly do not care about revenues. Last year revenues shot through the roof (relatively speaking) yet so did the costs. Everyone on this board is so excited about revenues, but if they revenue 75m and it cost 80m then they are still going to be unprofitable. What I want to see is that they made money in quarter one. The fact that they announced revenue and not expected profit means that the revenue number sounds much better than the profit number. We will need to see expected profit between 2-2.5m for the year for even this market cap to be correct(assuming 11-13x P/E. Gotta say I did invest but I am not yet convinced. Management worries me. We shall see