fretting,'handringing' would be in order if it
were February 16th. Well it's not. Let's wait and see
if management disappoints us. I am beginning to
question everything I see on this board. I wasn't always
this skeptical, but when comments are made like, 'the
website is still not live', I begin to wonder how
informed people are.
LongGoneLong on WORK.....
as to whether you are incapable of rational
thought or you simply have problem with words over 4
letters. Credible/credibility means trustworthy.
Credibility has nothing to do with earnings growth, it has
nothing to do with consecutive quarters of earnings
growth, it has nothing to do with my ability or inability
to read (does that mean understand?) a financial
statement, it has nothing to do with an incorrect assumption
of my entry point into WORK, and it has nothing to
do with my knowledge, or lack thereof, of WORK's
growth rate. Incidentally. nimrod credibility or
trustworthiness is not sector dependant. Please note that my last
post did not accuse the WORK management of lacking
credibility. What I said was that I believed that credibility,
being trustworthy if you will, was paramount (this
means most important nimrod) in rating a company and
thus an investment. Your uncohesive rant has not
deterred me from this belief. Once the management of a
company has lost credibility with the investing community
it is hard to imagine that company being valued at
anything near it's "full value."
I didn't believe in this management's character and
abilities I would not have added to my spin off shares @
$5+, $7, $10, $11, $12, $20, $23, $25, $26, $27, and
$28 (unfortunately not necessarily in that order.)
I've got these shares in my brokerage account, in my
IRA account, in my wife's IRA, even between my toes.
Darn right I want this company to succeed!
I guess in the announcement of the S-1 is shaking
the confidence of investors. IMHO Work is still on
terrific company with outstanding management. It is now at
the mercy of day traders. At under $21, it is the
steal of the century. Be patient-- it's a great company
with a great future.
forward p/e of probably around 12-14 now after
the massacre. that is my guesstimate. more important
than a delay in my humble opinion. big friggin deal.
if you don't wannna wait then we'll miss ya. but the
management's credibility is to be found at the bottom line and
its operations and no where else, let know one fool
you--that is what it really comes down to. so far they have
been more than on track with that. anyway, when i'm
buyin a stock i'm buyin growin profitability and not
just a press release. but, hey, maybe i'm a bit old
in at $31 and averagin down.
While credibility is important I think
confused. Without a sound management earnings
falter. (And CSCO by the way is not the
that can exceed estimates. Also,
CSCO is not
relevant to this sector.)
Second, WORK trounced
estimates by 11% last
quarter and its earnings were 58%
1998; operating income was 75%
Without a credible management you would not
growth. Q2 was the 6th consecutive
quarter of earnings
growth. That is more
credible than having to delay the
an artificial date. If you could only
The spin off
will come. I'm sorry you bought
WORK with hot money
in the $30s to play the
`news' But it shows you
have a credibility
issue. One thing is clear: You
seem to know
little about the core business and
By the way, does anyone know when
released? Is it after the delayed filing
before? They will do what they have to do when
want to do it. The bottom line is profit
growth. It's simple.
I am more focused on earnings actually:
it's onlt two weeks away. Doesn't anyone care
miss or meet estimates?
It's not a big deal if
we file in March. I
know we would be at $30 now
if they filed on
time. But the fact that we are
under $30 tells
me the delay is Fact. All you need
to do is
look at the selloff we've had to know
Anyway, all of this filing date stuff is a lot of noise.
It neither takes away from the
does it effect earnings...
Fact is they are going
to file in a short time.
If you could not wait it
was a studpid reason
to sell. Whatever...