yeah...the earnings were more that I was hoping for by far, but the rest of the day was MUCH MUCH less.
For the rest of the evening, SPAR's bashers and detractors are going to swarm like flies all over this board saying, "I told you so"..."what a piece of sh#t stock"..."dead money"..."management sucks"...etc etc. These are the same folks who have been predicting a miss for Q4 for the past couple of weeks.
But keep in mind that we are now on relatively solid ground for 08. ("relatively" because nothing seems truly solid these days)
The report today was fantastic. The market sucked. SPAR is strong and well managed. Contracts are coming in, and we've discovered that SPAR has established a thriving "parts" business that is pulling in revenue along with the MRAP, EV, and RV that we all know about.
Tomorrow is another day.
And here's a little something to ponder when you hear folks muttering about MRAP drying up after Q3 08:
I heard a number of positives in the cc that I wanted to hear for the next several Qs. I did leave before it ended. There is something positive I want to share with you. I'll see if I can find it today or tomorrow.