PSPT ==> The golittletigers.com winner!

[mxa]

I could learn from George Costanza

Remember that Seinfeld episode when George started doing everything the opposite of what he thought he should do and it all turned out great for him? I should have learned from his success today.

[billyjoe]

mxa,
He couldn't attract the ladies until he started telling them he was unemployed and lived with his parents. Go long on all sub-prime lenders.

-------------billyjoe

[mrmarket]

As far as I know, companies are still outsourcing like crazy. The growth trend for this business model is positive. If I am right, this stock is really cheap.

[mrmarket]

Looks like they lost the Vonage account, which stimulated all of this selling. I can't get too excited about Vonage to start with...if another credible customer leaves, I'll have to pay attention.

[New-born baby]

mxa,
He couldn't attract the ladies until he started telling them he was unemployed and lived with his parents. Go long on all sub-prime lenders.

-------------billyjoe

lol lol lol lol

[Karel]

Over at the Fool, there seems to be some interest in PSPT.

Regards,

Karel

[nothingworks]

Pspt

So what happened? PSPT couldn't be more disappointing.

[mrmarket]

So what happened? PSPT couldn't be more disappointing.

On the contrary...I feel it easily outperforms the market from here.

[jiesen]

bought more PSPT at 11.3

I added to my PSPT position also, today, bringing it to 3%. I believe PSPT will make it back to the target eventually, and net me a 100%+ profit on this purchase.

[jiesen]

go PSPT

PSPT finally is rebounding nicely here. Up over 10% already! MFLX also is having its first good day in a while, with nearly 10% up itself. Wish I would have waited until yesterday to double-up on these two...

[mrmarket]

PSPT finally is rebounding nicely here. Up over 10% already! MFLX also is having its first good day in a while, with nearly 10% up itself. Wish I would have waited until yesterday to double-up on these two...

A little surprising that both got beaten down so much as their earnings are still continuing to grow.

[jiesen]

MFLX earnings are growing?

Hmm, you must be reading a different earnings report for MFLX than I am. PSPT's earnings are increasing. However, MFLX has turned a June 2006 quarter profit into a June 2007 quarter loss. Gross profit is down, expenses are up, and MFLX has taken a real beating because of it. Now, maybe they'll be able to right the ship, and get the profits back up for next year, but there certainly isn't any guarantee of that. One silver lining for MFLX is that they no longer have that albatross of that forced merger with MFS Tech hanging around their necks. The problem I see, though, is that the iPhone doesn't bend. That, and the recent turn to a loss makes this one a stock that you'd stay away from for at least another 3 years.

From:

http://biz.yahoo.com/e/070808/mflx10-q.html

Three
Months Ended
June 30,
2007 2006
Net sales 100.0 % 100.0 %
Cost of sales 95.4 84.8

Gross profit 4.6 15.2

Operating expenses:
Research and development 0.6 0.4
Sales and marketing 3.1 1.7
General and administrative 5.4 4.3
Terminated acquisition costs 7.5 -

Total operating expenses 16.6 6.4

Operating (loss) / income (12.0 ) 8.8
Interest income 0.4 0.2
Interest expense 0.0 0.0
Other income / (expense), net 0.4 (0.3 )

(Loss) / income before inc. tax (11.2 ) 8.7
Benefit / (provision ) inc. tax 4.7 (2.4 )

Net (loss) / income (6.5 )% 6.3 %

[mrmarket]

Hmm, you must be reading a different earnings report for MFLX than I am. PSPT's earnings are increasing. However, MFLX has turned a June 2006 quarter profit into a June 2007 quarter loss. Gross profit is down, expenses are up, and MFLX has taken a real beating because of it. Now, maybe they'll be able to right the ship, and get the profits back up for next year, but there certainly isn't any guarantee of that. One silver lining for MFLX is that they no longer have that albatross of that forced merger with MFS Tech hanging around their necks. The problem I see, though, is that the iPhone doesn't bend. That, and the recent turn to a loss makes this one a stock that you'd stay away from for at least another 3 years.

From:

http://biz.yahoo.com/e/070808/mflx10-q.html

Three
Months Ended
June 30,
2007 2006
Net sales 100.0 % 100.0 %
Cost of sales 95.4 84.8

Gross profit 4.6 15.2

Operating expenses:
Research and development 0.6 0.4
Sales and marketing 3.1 1.7
General and administrative 5.4 4.3
Terminated acquisition costs 7.5 -

Total operating expenses 16.6 6.4

Operating (loss) / income (12.0 ) 8.8
Interest income 0.4 0.2
Interest expense 0.0 0.0
Other income / (expense), net 0.4 (0.3 )

(Loss) / income before inc. tax (11.2 ) 8.7
Benefit / (provision ) inc. tax 4.7 (2.4 )

Net (loss) / income (6.5 )% 6.3 %

Jason...you are correct.