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What is this Biz Markie shit.
Btw I first got the joke behind the “It is what it is” title a couple hrs ago, heh.
Looks like VMI met 88c but didn’t beat. God knows what that means.
As I am deliberately avoiding my woman today since I’m breaking up with her tomorrow, here’s something from notablecalls, in case you guys missed it:
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HANS: Actionable Call Alert!
– Longbow Research is out with a nice call on Hansen Natural (NASDAQ:HANS) saying the co ikely experienced a material volume boost during late 4Q07 ahead of January 2008 price increases. They are raising 4Q07E EPS by $0.02 to $0.39 in order to account for this volume lift.
According to their C&G survey findings during 4Q07, Monster continued to improve its position on the shelves and market share blips from Red Bull’s 16.9 ounce launch simply represented a numbers squeeze.
For 2008, firm’s distribution channel checks indicate HANS’s ~6% price hike on Monster 16 ounce stuck at the first of the year, which could drive $0.20+ of upside versus 2008 EPS estimate of $2.20. On the cost front, HANS is less exposed to negative trends facing the Coke and Pepsi bottlers in higher PET costs.
With the stock down 25% since Q307 earnings, the firm recommends purchase. Their price tgt is $66.
Notablecalls: Man, Longbow’s 2008 EPS est is above consensus & now they are saying they see upside to it! The stock has been crushed lately and I think this call will generate strong buy interest.