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Local Corporation Message Board

  • fankenkoenig fankenkoenig Oct 24, 2013 4:58 PM Flag

    "We are also projecting the company's operating cash flows will grow to $9.4 million for the year."

    Merriman Capital about Local Corp in 2014

    The company's efforts to increase sales from its high-margin Network
    business could help to generate substantial cash flow in the years ahead.
    Local has revved up its sales initiatives within its high-margin Network Publishing
    business. This business helps merchants and community websites monetize
    consumer traffic through genre-specific advertisements carefully targeted to
    consumer interests and local communities. As more revenue accrues from this
    business, the company's margin mix should improve leading to more consistent
    profits and cash flow.

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    • flankenking@ymail.com flankenking Oct 24, 2013 5:34 PM Flag

      Joel Achramowicz – Merriman Capital

      So you paid us $300,000 for placing your junk debt, what else do you want us to do so you guys can look like you know what you're talking about?

      Heath B. Clarke

      Thanks Joel, maybe you can come out with coverage on the stock and throw a really high price target, maybe 50 cents more than Ladenburg, that would be a huge help.

      Source: Transcript of Conference Call

    • flankenking@ymail.com flankenking Oct 24, 2013 5:34 PM Flag

      Our lead director, Norman K. Farra, Jr., currently serves as FEP Advisor for Merriman Capital, Inc.

      Merriman analyst the bestest, covers only the bestest companies, Andrew predictions therefore must come true

      Covering Local Corp is analyst Andrew D'Silva, one of our best analysts. He has responsibility for such other notable companies as Smack Sportswear (OTCBB: SMAK Speculative Buy price target $0.09) and OriginOil, Inc. (OTC: OOIL Speculative Buy price target $0.55).

 
LOCM
0.7795-0.0205(-2.56%)Jan 30 3:39 PMEST

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