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JMIH - Pro/Con
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[QUOTE]Originally posted by blue_in_MI: [QB] Q out today for JMIH: http://biz.yahoo.com/bw/060615/20060615005627.html?.v=1 results pretty much as expected: revs up (37%), but - due to a combo of stock expense and new facility costs, they lost .01/share on the Q. quote from the PR: Carl Herndon, President of Jupiter Marine, stated, "Third quarter results included Jupiter's first-ever revenue from the new production facility in Palmetto. While Palmetto sales were minimal this quarter, we expect production will ramp up considerably during the balance of calendar 2006. The costs associated with this new facility impacted third quarter results, however, operating expenses at Palmetto going forward should be offset as we achieve our production goals." am still fairly neutral here: promising company, but - not holding my breath that any future profits will get out of the grubby little hands of tierney and herndon, and trickle down to shareholders. mainly JMIH is of interest to me as a good swing-play these days, i admit. a fair amount of stocks i'd really like to hold long, but - eventually i learn that they're just better as swing-plays. i really like JMIH at .20, not so much anymore at .25. [/QB][/QUOTE]
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