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Letter "G" » Gregory Badishkanian Quotes
«Given the lack of positive new data points since the company reported third quarter 2005 figures, we do not view the stock as compelling at these levels.»
«We are encouraged by very strong 1Q06 trends, which indicate that these concerns clearly haven't materialized.»
«The key will be 1Q06 CAC, in our opinion, which will drive 2006 estimates. Given management provided guidance for 1Q06 CAC to be approximately the same as 1Q05 CAC, we have greater confidence the company will be able to achieve our estimates.»

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