read your post onb FTST. had looked at it for half hour about 2 months back...felt the same about the uncertainty.
unlike our HLSH play we do not have much google documents(unlike HLSH -i remember 1. President of HLSH divisions saying on oath their attractive numbers, and 2. Marsal's PR to birmingham news in april/may about 650 EBIDA being able to avoid bankruptcy).
DO we know how the company is doing in 2003. Revenues, EBIDTA ANY sharing of your research on your part is greatly appreciated.
They will probably be break even on a GAAP basis this year, but they originally said they would be profitable in 04. I guess it just depends on how the cost cutting goes. Certainly EBITDA positive this year IMO.
I think there's a decent chance they sell 1/2 the business in the next few months. But if not, I think they can stabalize the company and get it turned around.