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Skullcandy, Inc. (SKUL) Message Board

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  • nahid666p nahid666p Jan 15, 2013 3:22 PM Flag

    VFC - SKUL merger / buyout

    'Skul management believes in this company and has an ego as to what its worth'. I don't want to be negative, I want to be realistic. Unfortunately, investors don’t believe this management any more. That is the reason why short scould cover most of their shared by buying investor shares and the stocks plunge under $7. The report will show in next few weeks. There is no grantee it does not go down more.

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    • Nahid,

      You are correct, there are no promises here. However, I suspect that the company will report the 1.00 + a share earnings (Diluted). Going forward, 1st quarter is the "Dead Quarter" for them. They have rolled out or will roll out 5 new products by March - (3) gameing sets (SLYR and PLYR 1 & 2), the new performance fold away "Cassette" over the ear, and the "Crusher" enhanced bass headphones.

      I would guess that these will help the first quarter results (good guidance).

      The key is if they hit the lowered EPS estimate full year and what kinda growth top line they saw last year (was it indeed 290 million?, or did they blow it out?).

      Im going to listen to the conference call from Miami tomorrow at 10:00 am. See if Andrus and Wescoat give any clues ???

      Sentiment: Strong Buy

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