Huge volume today...but unfortunately, little movement. The announcement appears to have went out a little while before the market closed. I reviewed the news (revs seem impressive), but have no 3rd quarter analyst's expectations with which to compare.
However, it seems to me that we're damn close to their annual estimates with only one quarter to go. Does that not warrant some reward (i.e. a higher share price)?
Bob and Bill, any comments? Was this quarter as much of a non-event as the market is seemingly telling us?
Finally, the 3rd quarter earnings are out. Not exactly the net numbers I was looking for but, steady nonetheless. I myself was figuring that with all the sales numbers up, more of the revenues would fall to the bottom line. However, I don't think we can rush to judgement on the quarter until we look at all the numbers. I think Bob will agree with me that the real proof of improvement lies in the operating numbers. I do believe the operating cash flow will be significantly improved over the 2nd quarter and 3rd quarter results from 97.