Razorfish: Ich lach mich kaputt! - 500 Beiträge pro Seite

[Future2005]

aktuelle Marktkapitalisierung: 10,7 Mio$

Gewinn Q1: 2,5 Mio$

Heute gab´s nachbörslich die Bestätigung der Prognosen für´s zweite Quartal, dass der Gewinn zwischen 0,5 Mio$ und 1,0 Mio$ liegen soll!

Q1+Q2(Minimum)=3,0 Mio$ KGV nur Q1 und Q2: 3,6!!!!!!!!!

10$ noch 2002!

[steffen712000]

future, UUUPPPPPP!

http://biz.yahoo.com/bw/020723/232584_1.html

[nasdy]

Bereinigt kommt die Aktie von rund 1500 Dollar, und ob der Laden noch lange läuft bleibt fraglich. Dennoch ist die Chance hier extrem gross.

Dennoch wer versteht die Börse heutzutage noch?

[Future2005]

Vor dem RS hätte man dem Kurs natürlich schon eher wieder einen Kurssprung von 200-300% zugetraut! Jetzt wird´s hoffentlich auch klappen, aber eben nicht an einem Tag! Oder etwa doch?!

[teicker]

Tuesday July 23, 4:16 pm Eastern Time
Press Release
SOURCE: Razorfish, Inc.
Razorfish Reaffirms Guidance for Second Quarter 2002
NEW YORK--(BUSINESS WIRE)--July 23, 2002--Razorfish, Inc. (Nasdaq:RAZFD - News), the digital solutions provider, today announced that it reaffirms its guidance for the second quarter 2002. That guidance, which was provided on April 17, 2002 in the first quarter 2002 earnings press release, was that the Company anticipated revenues before reimbursements for direct costs of $10.3 million to $11.3 million and pro forma net income (see note a) of $0.5 million to $1.0 million for the second quarter 2002.

The Company expects to announce its full quarterly operating results and host an investor conference call in conjunction with that announcement within the next couple of weeks once it has finalized the selection of its new independent auditors. As previously disclosed, Razorfish dismissed Arthur Andersen as the Company`s auditors effective July 1, 2002 (see current report on 8-K filed July 9, 2002).

About Razorfish:

Razorfish`s services employ digital technologies to address a wide range of its clients` needs, from business and brand strategy to systems integration. From its founding in 1995 to the present, Razorfish has provided its clients with services designed to enhance communications and commerce with their customers, suppliers, employees and other partners through the use of digital technologies. Razorfish is headquartered in New York and has offices in Boston, Los Angeles, San Francisco, Silicon Valley, and Tokyo. Recent Razorfish clients include Cisco Systems, Western Union, VERITAS, Microsoft, Manulife Financial, Ford Motor Company, and GlaxoSmithKline. For more information visit: http://www.razorfish.com.

Forward-Looking Statement Disclaimer

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1995

This release contains, in addition to historical information, forward-looking statements, including, but not limited to, Razorfish`s strategies and goals with respect to its structure and service offerings. We use words like "anticipates", "believes", "plans", "intends", "expects", "future" and similar expressions to identify forward-looking statements. Forward-looking statements are subject by their nature to risks and uncertainties, and actual results could differ materially from those set forth in the forward-looking statements. Typical risks and uncertainties include, but are not limited to, those related to the number and size of projects completed in a given period, the risk that we will not have sufficient capital to maintain and/or expand our operations, changes in demand for business and technology consulting services, international and domestic economic conditions, changes in competition, retention of our professionals and other factors described from time to time in Razorfish`s reports filed with the Securities Exchange Commission. In addition, we draw your attention to risk factors identified by Razorfish`s 2001 Form 10-K/A filed with the Securities Exchange Commission on April 24, 2002 and its quarterly report on Form 10-Q, filed May 3, 2002. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. Razorfish is not undertaking to update any information in the foregoing reports until the effective date of its future reports required by the securities laws.


(a) Pro forma net income excludes non-cash compensation, restructuring charges, impairment loss, and amortization of intangibles. The pro forma provision for income taxes is calculated using a 40% tax rate. This data does not purport to be prepared in accordance with Generally Accepted Accounting Principles.

--------------------------------------------------------------------------------
Contact:

Razorfish, Inc., New York
David LaBar, 212/798-7941
[e-mail]
__

[steffen712000]

hi leute,

weiß jemand von euch, ob und wie man grafiken von FTP-servern einfügen kann ?
klappt irgendwie nicht bei mir.....

danke
steffen

[Bernardo]

Kaputt lachen kann man sich wirklich über das timing des managements.
Die Quittung folgte ja heute auf den Fuß! Es gibt auch in der Informationspolitik
eines Unternehmens den psychoplogischen point of no return, wo eine
positve Ankündigung nur noch negativ beschieden wird.
Trotzdem faselt das Management weiter von couple of weeks bis
der richtige auditor gefunden ist.
Eigentlich kann ich mir schon gar nicht mehr vorstellen, dass die so naiv sind,--- weiß
jemand ob es einen Kanditaten gibt der Razor billigst übernehmen will?? Auf unsere Kosten!

[teicker]

Mir ist das Lachen vergangen.

Im Yahoo Board ist von IRS die Rede - was soll das?

[steffen712000]

teicker,

ich kann mit "IRS" nix anfangen.... bitte hilf mir auf die sprünge!

... und wo da im yahoo ? HÄÄÄÄÄ?

danke

[MSolver]

IRS:
international revenue service,Part of Treasury Dep. wich responsible for assessment and collection of most Federal taxes.

Mit anderen Worten : Steuerbehörde !!!!


Nix gutes, und der Kurs wußte warum !

[teicker]

@Msolver,

vielen Dank für deine Info.

Für mich hörte sich das so an als ob RAZFD eher Geld von der IRS zurück erwartet.
(nach den riesigen Verlusten im letzten Jahr wäre dies doch möglich)

[steffen712000]

wahrscheinlich wird wohl doch der SCM die heimat von unserem fish werden. nicht schlecht, doch mit entsprechender informationspolitik im vorfeld hätte das sicher auch ohne r/s gefunzt. -meine meinung-

.....UNKLAR
.....profitabel und abgestraft
.....kostolany hatte recht: "die börse ist überwiegend psychologie"

die zeit wird es richten!
steffen

[Bernardo]

Stellt doch bitte mal den yahoo-Beitrag bzgl. IRS rein. Danke.

[teicker]

Nur ein Beispiel über das IRS Thema


Re: RAZF CONFORMS GUIDANCE, PROFIT:
by: bidatthe_bell 07/23/02 01:11 am
Msg: 77879 of 78164

Really? I work with Revenue Canada, and I don`t know how the IRS operates, but a simple cost benefit indicates that thelost long term tax revenue base from RAZFD being forced to shut down, lay off employees and pay IRS immediately is far greater than immediate repayment of full $7 million to IRS.

Gawd these bashers are dumb fucks.

[teicker]

Re: RAZF CONFORMS GUIDANCE, PROFIT:
by: deathwatch_2002 (45/M) 07/23/02 12:42 am
Msg: 77876 of 78164

So what are you going to do if the IRS starts the 5 year payment plan as of the date the problem was identified to the IRS ...

or the date the payment was originally due.

I don`t think that anyone realistically expects the IRS to give a company with liabilities exceeding assets (and a history of lawsuits from creditors to get RAZF to pay their debts) a free pass.

I think that it is reasonable to expect RAZF to adjust it`s earnings for the last 3 quarters. Basically decrease earnings by 1.4 million / year.

=============================================
Careful with the emails from LeBar -- he will only answer what you ask directly and will try to spin you if you let him.

He confirmed the guidance (which was published with the 1st qtr financials) and emailed that the guidance did not change .. he DID NOT confirm how RAZF financials were tracking compared to the guidance.

Ask JCPelland -- he`ll remind you that LeBar emailed him that RAZF did not receive a notice when it fact RAZF had already received their deficiency notice.

IR cannot lie to you -- however, you have to be very careful and precise when you ask them a question.

Hey, what do I know ... I`m just the guy that got LeBar to confirm that RAZF got their NASDAQ delisting notice 6 weeks before management made the public SEC notice.

===========================
So ask RAZF management what day is the announcement expected from the IRS and ask them what day the NASDAQ appeal is scheduled for.

[teicker]

RAZF CONFORMS GUIDANCE, PROFIT:
by: mastered009
Long-Term Sentiment: Strong Buy 07/22/02 08:50 pm
Msg: 77854 of 78164

Emailed David Labar - Impressions
by: axolotl_requiem (28/M/Luxembourg) 07/01/02 02:39 pm
Msg: 75240 of 77852

First of all, we got the guidance officiously confirmed. That means that we will have a net income of $3-3.5 millions for Q1 and Q2, which brings about an eps of 2.1 and 2.4 cents per share and a current (temporary) P/E ratio of roughly 7. In the current Nasdaq context, I suppose it is normal to have very low P/E ratios.

Then, the big concern was about the 5-year payment plan for the $7 millions tax bill. They are confident that the plan will be accepted. Therefore, as from Q3, you have to remove $350.000 from the net income for every quarter for the next five years. If they can have a net income greater than $500.000 in the current economic context, they will certainly be able to show positive net incomes applicable to common shares in the quarters to come in the expected better IT services market. That would be a real good news. Remember that financials results are the main lever of the RAZF stock for now, not contract PRs.

Do I need to comment on the Andersen news ? However, we should all be aware that if there was fraud with Razorfish, it already happened and getting rid of the auditing company would not change a thing stockwise. On the other hand, that cannot be perceived negatively IMO.

Regarding the LADWP, as I said a few days ago, they don`t have to publish anything if they deem not to and I gave links to the SEC regulations and to a site that discusses among other the validity of the scope of the fair disclosure regulation. That is a matter of PR strategies that are beyond me.

His answer about the dilution did not really correspond to my question as I was speaking about further dilution. I sent him another email this morning to get more into details. I`ll keep you posted.

Finally, his point about the big firms coverage is really true. It`s just a matter of whether we as shareholders should trust the management and believe that they are not going to further dilute stocks. I personally don`t believe that it will happen if the 5-year plan is accepted because their financials will then be *fully* healthy. But many people here want to spread fear about this very issue. And there`s also this Scient RS example that turned out to be really a bad move. However, this is by no means an apple-to-apple comparison: I repeat, Razorish`s financials are healthy if the tax issue is cleared, unlike Scient`s.

All in all, this email is certainly an element in favor of Razorfish. I believe it is a buying opportunity but I will not buy more until the results of the votes are made public. And yes of course, David Labar could possibly not tell me the truth but rather something that I`d like to hear as King_Napoleon_1 said in his funny act 1. But we all know the risks.

Good luck to you all.

Yann

[teicker]

@bernado,

was hälst du davon ?

[Bernardo]

@teicker
Die generelle Frage wieweit man David Labar und dem Management
trauen kann - kann keiner beantworten:
Der Hinweis "They confirmed the guidance, but did not confirm
how Razf. financials were tracking compared to the guidance" drückt #
angebrachtes Mißtrauen aus.
Ob von Andersen noch was nachkommt, ist open end, so wie ich das verstehe.
350.000 Dollar pro Quartal Steuernachzahlung, nicht so ohne.

Steffen hat zu Recht darauf hingewiesen, dass SCM ohne rs möglich gewesen wäre.

Für mich sind da zu viele Fragezeichen - ich realisiere meinen Verlust.

Good luck!

[teicker]

Hallo Bernado,

ich hoffe du hast nicht zu früh verkauft.

Auf die Dummbasher im Yahooboard kannst du getrost pfeiffen.

Ich bin mittlerweile gut im plus bei RAZFD (mein Einstandskurs liegt mittlerweile bei 2,44$).

Jeder sollte sich allerdings hier über den Zockcharakter im Klaren sein.

[worsel]

Mit dieser Theorie von axol kann man sich anfreunden :-)

In my opinion
by: axolotl_requiem (28/M/Luxembourg) 07/30/02 02:32 pm
Msg: 78520 of 78573

... Razorfish management are buying shares themselves. If my counter is right the delisting deadline is August the 24th (17 May + 7 + 45 + 45) and they have to trade 20 consecutive calendar days above $3: that leaves them till August the 4th to start trading above $3. I`m pretty sure they are genuinely interested in staying on the National Market. Another company which I traded this year is doing exactly the same thing right now: Vitria (they announced a shares buyback some days ago). They are up 25% in 2 days after a terrible fall the past months. Management has enough cash to buy a few hundreds thousand shares and get rid of most of the weak hands and bring confidence back. I would certainly not be surprised to see RAZFD trading above $4 (that leaves a bit of space in case the Nasdaq goes down again). Well, if this buyback plan proves right, that is a sign that the Q2 results are not anytime soon and it is a sign of confidence...

Any opinions ?

Yann

[teicker]

An einen Aktienrückkauf glaube ich nicht - dafür fehlt einfach CASH.

Ich bin soeben bei Kursen um 3,15$ ausgestiegen und habe erstmal einen satten Gewinn mitgenommen.

Mein erster Einstieg lag bei 3,46$ (zum Glück habe ich immer schön nachgekauft - besonders bei 2,06$.)

Ich beobachte das Spiel nun von der Seitenlinie. (Cash is king.)

[steffen712000]

teicker,

ich denke mal dein ein- und verkauf hat am nasdaq stattgefunden- richtig ?

denn von volumen kann man hier in D nun wirklich nicht sprechen ......

[teicker]

Habe alles nur in den USA ge - und verkauft.

Bei 2,80$ steige ich wieder ein.