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Collectors Universe Inc. Message Board

  • dbtunr dbtunr Jul 6, 2013 10:15 AM Flag

    4 day weekend: last qtr was better than thought

    PCGS gave everyone a 4 day weekend. First time I can ever remember them doing that, ever. Don Willis said on the PCGS coin forum that everyone needed to recharge. PCGS is also not attending the Summer Fun show in Florida this month. Instead, they are doing their "local" show in Las Vegas in conjunction with a high priced auction from Legend.

    The fact that they need to "recharge" tells me last qtr was better than thought. I am increasing my estimate to 25c GAAP, up from 23c. They will also generate close to $1M in excess cash.

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