Free
Message: RE: Must be getting near mid-2005. Yawn./LL

RE: Must be getting near mid-2005. Yawn./LL

posted on Apr 02, 2005 04:36AM
Keep in mind that when I state that we will need profits for the pps to show us an uptrend, I`m talking about a real change. A modest rise from the present price to $.35 or $.50 in my mind is not the increase we are talking about. We have seen these numbers before without any justification.

For us to achieve a substantial change in the price, let`s say from $1.00-$3.00 it`s about profits, not just revenue. Depending on the cost of sales margin and expense level, it is possible to have revenues in the 2-5 million dollar range and still not show any earnings. To generate a upward price trend and maintain it, we need profits, revenues alone will not maintain a high price.

I happen to believe the game has changes from prior years, and many stocks reflect this. Big revenues are no longer the main reason for high share prices.

OZ

Share
New Message
Please login to post a reply