Ann: GSW - Continuation of Suspension Pending Announcement, page-90

watch them try and spin a growth percentage rather than growth in dollars. 500 or 1000% of peanuts is still peanuts and if it’s 10million for qtr the market is going to need Complet confidence that can be scaled up to hundreds of millions as it’s priced in. They need so much future revenue to come in to just stand still. On an objective scale looking at valuation the downside risk is way higher than upside. I’m a little stunned people maintain buy ratings at 2.92