In response, I offer this recent correspondence between me and Aaron Edelheit, from Aaron's blog:
1. DaveinHackensack Says:
August 14th, 2009 at 1:09 am
I saw your comment on the company formerly known as PhotoChannel on the VIC. Do you have an updated target in mind for when the company will start consistently posting positive EPS (not just cash EPS)? Just curious.
2. admin Says:
August 14th, 2009 at 1:48 pm
$2.50 to $3 per share in the short run. If some of their growth prospects such as getting Wal-Mart, the stock would be much higher. They will post positive eps in the December quarter.
amortization blocks it because the company made two acquisitions.
3. DaveinHackensack Says:
August 14th, 2009 at 2:33 pm
Do you envision they will be profitable consistently from the December quarter forward?
4. admin Says:
August 14th, 2009 at 2:40 pm
The march quarter may be their last negative eps quarter because of seasonality. But again, all I care about is cash flow.