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Zedi Inc ZEDIF



GREY:ZEDIF - Post by User

Bullboard Posts
Comment by cerebuson May 13, 2005 9:39am
198 Views
Post# 9030079

RE: question?

RE: question?The stock was trading too high based on hype and expectations. First Energy forecast for 2005 was: Revenue - $35M Margin - 48.8% Earnings - $10.3M EPS - $0.11 / share 1st quarter results were soft and it now appears forecast may not be achieved. End result - drop in price. If the Company can get back on track the rest of the year then the stock might recover. Although I think a $3.00 target is too high.
Bullboard Posts