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IBDvalueinvestin (98.47)

Must be alot of bad math people on Wall Street.



November 16, 2009 – Comments (7) | RELATED TICKERS: TSTC

Why? Because if they were good at Math then TSTC would be over $20/shr based on TSTC saying it re-affirms $70M for 2009 Sales.


Do the math, they reported $38.9M in sales thru 9 months.


$70M - $38.9M = $31.1M for 4th qtr.


That amounts to roughly .80 eps for 4th qtr using similiar profit margins to last qtr.

What helps 4th qtr so Dramatically? Sales in the America's

The U.S. Federal Communications Commission Approved WFDS(TM) Technology Developed by Telestone Technologies CorporationApproval allows Telestone to market and sell 3G Access Network Products and Services in the United States and the Americas
Press Release Source: Telestone Technologies Corporation On 8:00 am EDT, Tuesday October 20, 2009Link to article


7 Comments – Post Your Own

#1) On November 16, 2009 at 3:13 PM, caterpillar10 wrote:

OK. 1 more time. The larger principle is relativity: The market was pricing fairly when we bank profits, when our butts get handed 2us then, naturally, it is a 2bit-disconnected-from-reality demon-ho-beeachh-from-hell:) that's the deal.     

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#2) On November 16, 2009 at 3:55 PM, IBDvalueinvestin (98.47) wrote:

By the way caterpillar10 my Degree is in Engineering so math is second nature to me.

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#3) On November 16, 2009 at 4:00 PM, lemoneater (57.41) wrote:

Another engineer, I'm out of my league.

Math has never come easily to me so I solved my challenge by marrying an engineer :).

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#4) On November 17, 2009 at 10:20 AM, IBDvalueinvestin (98.47) wrote:

Well Caterpillar10 I will not post any more about TSTC till it doubles from current price and then I will crow about how I told everyone it would double on 11/16/09 from $12.20/shr to $24.40

 Based on Q4 estimated eps of .80 

Some companies trade at TSTC current stock price with less eps for an entire year. Nevermind .80 eps for a single qtr.

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#5) On November 17, 2009 at 11:37 AM, caterpillar10 wrote:

...then I will crow about how I told everyone....

that's the spirit:) 

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#6) On November 17, 2009 at 11:50 AM, caterpillar10 wrote:

Until then that slut-bag market has NO appreciation for what it is we are trying to do or for our brilliant insight and it definitely lacks any consideration for our every intention of becoming great benevolent philanthropists once we are hanging out with our new pals Bill & Warren as we're relentlessly pumped for tips by an adoring studio audience.....  

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#7) On November 17, 2009 at 12:19 PM, caterpillar10 wrote:

Alright, I actually looked at a chart now so I can be a total peanut-gallery wanker: Dude! I hope you're already playing this with house money:)

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