Yes....it's a dog. Management says great things are happening,...

Yes....it's a dog. Management says great things are happening, all looks fabulous but at the end of the day they did'nt meet, guidance. The eps was a pathetic 2.2 cents, and they refuse to write off the $1.6M China debacle but we don't hear anything about this - what steps they have in place to recover the money etc. We hear nothing b/c they are very, very embarrased about it and think if they don't say anything we won't notice or it will go away. Anyway the real profit after write-offs is around $250,000 - that's my take. SP will be stuck in the mid 30's now.