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PHAZAR AO Message Board

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  • stokluver stokluver Jan 6, 2005 12:58 PM Flag

    This is insanity!!

    Revenues for the past 3 quarters (from Q4 to Q2) were $4.5M down to $4.3M down to $3.3M

    Earnings for the past 2 quarters were .38/share in Q1 down to .22/share in Q2

    Backlog dropped for the past 3 quarters (from Q4 to Q2) to $6.8M down to $5.1M down to $2.8M.

    It's all in the filings. For this stock to trade at a P/E of 50 with sequentially declining numbers is beyond belief. With no new order announcements, next quarter looks to be much worse.