*** ‘With $60M in write downs/loss last year I am thinking they should finesse a nice "profit" this quarter (assuming Frost is not a complete idiot)- the revenue will be a better guide to show how badly they are doing.’ -- poorlake
They would not necessarily make a profit, but the previous year’s quarter might make the year to year comparison of this year’s first quarter look better.
*** ‘as the saying goes, sarcasm is the lowest form of wit...or the highest form of intelligence. It is in the eye of the beholder as to which category our friend falls into’ – ablerx
I am not quite sure about to whom you are referring. Do you think that I was being sarcastic or amrithebest was being sarcastic? Please elaborate.