GREY:ISYRF - Post by User
Comment by
manizaleson Oct 21, 2009 5:42pm
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Post# 16409995
RE: Tax loss season?
RE: Tax loss season? With these volumes it must be hedge fund/institutional money. Not much chance of dilution in the near future due to the excellent job the new CEO has done to cut costs, a first for this company! Last quarter they only burned through $100,000 cash!!! Rev, in US was 64% in the last quarter up from 36% the year before. Sybian rev. used to represent half of total rev. for ICS. Asia is only 15% rev. and Europe 16%. Remember 3 m sounds like lot , but it is "peanuts" for mutual fund money..... only $300,000 Not much really. I agree at some future date a share consolidation makes sense, but only after they can become profitable or break-even. I am expecting a 10-15% rev. growth for the quarter and almost break even. Should be profitable on EBITDA level, which will be the second straight quarter. My opinion.