CNW 0.00% 6.1¢ cirrus networks holdings limited

Changing of Hands, page-32

  1. 2,998 Posts.
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    N, to date Revenue has been good, but the price of a stock is more dependant on it's earnings than revenue. 
    As the saying goes anyone can have great revenues selling new Ferraris for $100k, but your earnings will be negative.
    So far, as a rule, revenue great, earnings mediocre, to say the least. They need to turn earnings around. Economy of scale may help, but for me, as I said before, it's the services section that is starting to grow that got me interested. Together, of course, with some bigger contracts.
    Time will tell.

    kg
 
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