What other company will replace a $120.00 watch
with a $75.00 one and think they treated you fairly. I
even have a letter from McKnight Jr. saying "we're
sorry' and "we'll take care of it" Guess who's products
I won't be buying this Christmas?
That's if you are still holding this dog. See
what happens when you listen to SPAMMERS like
JOSAP...they have no clue. Cut your losses while you still
can. There is no near term upside for ZQK, and ZQK
will only drift further downward until another
"earnings" hype is started.
Here's what you said in your message of
"Yesterday I said we would see 22 by Jan 15. You say single
digits. Lets see who is closer in a month.
Well guess what, we are just 1/2 point away from the
52 week low, and 3-1/2 points away from single
digits. You say $22...not even close.
happens when you SPAM a stock with no clue as to what's
going on. You research consists of going to the local
shopping mall and see what's on sale. You are such an
idiot...I can't believe it.
Take your losses, tuck
your tail between your legs and invest elsewhere...ZQK
is headed further down.
In response ot your
inquiry on ratios etc for the industry. You can find all
of the information you could possibly need in
regards to valuation on Professor Aswath Damodaran's web
site at Stern (MBA NYU). The web site is
This is a very valuable reference. Not only do
students use this info, but a large number of analysts at
top IBs. You will not find a better database for
Congratulations to all management for showing
such incredible results.40% increase in sales and 48%
increase in net profits? That would be the envy of 90% of
all publicly traded companies. Congratulations. I
hope that management gets huge bonuses. They all
deserve it. I personally hope that the bonuses go over
the top and on to star status just so Eddie could
have a heart attack. He's seething with hatred and the
madder he gets the higher the bonuses become. Get mad
eddie, carry it around with you and enjoy your miserable
pathetic life you loser.
I agree with you; time will tell. You have been
wrong for months about the stock price going to single
digits, but because a month ago I said it would go to 20
you keep bugging me. Hey, I can't help it I missed by
a dollar (it hit 19 today). I said that when the
stock was at 15. Your prediction then was single
digits. Who was closer? Yesterday I said we would see 22
by Jan 15. You say single digits. Lets see who is
closer in a month. Cheers!
ZQK will be hammered again and again with such
JoSap: OK stock genius, if the
numbers are soooo goood, why did the stock get slammed
today? You have a month to keep on SPAMMING, then I'll
be back to say "I told you so!".
In the mean
time, do something constructive like tell McKnight,
Samuels and the rest of the Board that their performance
over the last year earned a grade of F. Look at ways
in which the company can improve. Otherwise, you
will continue to see dismal results.
A/R actually has come down from previous qtrs. If
you would look at the financial info from the last 5
qtrs you would see that the 1st, 2nd, and 3rd qtrs (of
99) actually had higher A/R-to-Revenue. So you see,
from last qtr zqk has actually improved their A/R. I
admit that it is higher than last years 4th qtr, but
A/R was at the highest in the last 2 qtrs which is
probably why the stock has sunk. But this qtr seems to
indicate a turn in the A/R-to-Revenue ratio. I have posted
figures already, but you have chose to ignore them. I
would expect no better from you.
The A/R increase, leaped twice as much as sales
increase. Normally, shipments are made relatively evenly
through the quarter. This is not a normal event. The last
shipment for the quarter (August thru October) had to go
out by October 31. The busiest month in this quarter
is August, then September, and the slowest being
October. These were not a Christmas deliveries. This was
done to meet earnings expectations, pure and simple.