There were a number of bumps in the road which were not predictable, and because we know who comprises a good portion of the sales, it was clear that this quarter was likely going to be a little soft. Even so, the company performed well and turned in good bottom line numbers.
Eventually the government will get its act together and sales are going to pick up a great deal. When that happens, and as the sales base continues to diversify and move deeper into commercial channels, bottom line earnings will increase significantly. Surely it's not going to happen all at once, maybe not 3 months from now, maybe not 6 months from now, but it will be gradual. However, you can be assured that the company is operating better and more efficiently and as a result the future looks very bright.
Doesn't take a rocket scientist to see you are posting with multiple ids here.
What loss for the year? Have you still not yet looked up what the word "modest" means? Do you not know what 2012 loss was? Wait, that's right, you know nothing about this company.
Says Q4 profits will be 5 to 6 cents/share.
Why are you posting with multiple ids here? You do not know this stock or company. You will lose money at your game as a result.
The reduced cost footprint is allowing the company to show reasonable profitability even at a lower level of sales.
With the focus on increasing the top line, new products being introduced and gaining good market acceptance, the increased sales will come.
While the turnaround is in progress, enjoy the opportunities to accumulate shares created by folks like the joker who arrived this morning.
How coincidental that the both of you have only 2 posts since creating your ids, both on the same securities, and the last one on the same thread.
You are a joker.
Old numbers, never updated. No such thing as a "Yahoo Analyst".
Obviously the neophytes who do nothing but watch the Yahoo page of who's reporting earnings and what the "last published" estimates were are out in force today. I've seen a few of you clowns, and now obviously there are more of you playing this game.
I will be making money at your expense today and over the next few days. You are not going to be able to cover your short position - but go ahead and try to play the game.
I'm sorry that you don't have enough patience to see this through.
Guidance is not 20% lower - maybe you hadn't noticed, but YTD revenues are 20% lower than 2012 already...and yet the company is posting profits because it is performing and executing on their turnaround plan. If you read the announcement, the focus is on growing the top line going forward - and with a reduced cost footprint, margins will be higher and provide for greater profitability.
What was the loss for 2012? Go look up the definition of the word "modest".
"management now expects to report operating results in the range of breakeven to a modest operating loss for the year"
9 months EPS is currently at a loss of 6 cents.
Finishing out 2013 at breakeven would be a good turnaround from 2012 results and set up for solidly profitable 2014.
Spammer continues pumping - needs more sheep...shares not advancing...more sheep being gathered for the slaughter.
Yet another new id cashflow? Why - Y! removing everything you post with the old ones? Can you think of a reason why?
I'm glad that there are people who still think about things they read online, and question things written by so-called "experts" about companies which they decide to attack without having thorough understanding of what they present as facts.
Pumper/spammer can't stop...needs more sheep to bail him out.
He pumps/spams here every day - needs more gullible sheep to bail him out.
Think what you like. I'm a realist. Sorry if that doesn't agree with your personal objectivity.
Defending Chris and management has absolutely nothing to do with my views on the business, the value, or where its headed.
As far as my "trading" - I've witnessed many pump and dump situations, coincidentally, most of them quite recently. I know how they develop and how they play out. If I'm "lucky" enough to make money trading against it, then good for me. As far as my timing and swing trading as my forte - again, I've seen many pump and dumps, I've learned the technical clues of when it's developing, and cashflow/soso made it quite easy here.
You think I'm a phoney - fine, I'm a phoney.
You've seen some decent volume?
The moment the pumper stops pumping/spamming your volume goes away. Yahoo is removing half his posts as quickly as he's putting them up - ask yourself why.
Today, SOTK has minimal profits. Sales are down 25% year over year and rebounding very slowly. Profits are only a result of drastic cost cutting and not growth. 3D and other new applications will not add tremendously to sales/growth any time soon, and even if/when they eventually do, it is not going to be on the order of magnitude to double or triple sales/profits.
Take a step back and look at things objectively - as someone who has been here more than a few days, you know the truth. This is a tiny firm, that does a decent business to support the small business they run. There is no major growth coming here - and management has already told you it will be on the order of a meager 10% for the next few quarters - which will keep profits at the level they currently are at.
So what that the market cap is "only" $14M - 6 months ago, it was "only" $7M. Don't get taken in by the pumper or his flock - there's good reason why the shares trade where they do. Anyone who has been here more than a week or two knows it and exactly why. The sheep will come to understand and when they do, they will cut and run. Take advantage of their stupidity while you still have the opportunity.
Pumper stuck in SOTK, looking for more sheep to bail him out. Massive overhang of other sheep in the flock now holding shares to unload.