Your Adarsh™

Letz mint some ‘ka-ching’

It’s Payback TIME – NZ enters profit zone!

The pay back time starts at Netezza.

It was a blast quarter.

New customers, increasing revenues, turns profitable corporation!

Third-quarter adjusted net income rose to $2.9 million, or 4 cents a share, from a loss of $1.2 million, or 8 cents a share, from the same period last year.

Third-quarter revenue increased 44% to $33.4 million from $23.2 million in the comparable quarter last year.

The quarter’s earnings surpassed the mean estimate of analysts polled by Thomson Financial for breakeven per share figures and sales of $29 million in the period ended Oct. 31.

The company expects fiscal 2008 revenue of $120 million and $160 million in fiscal 2009 while Analysts’ consensus view is for fiscal 2008 earnings of $115 million and fiscal 2009 earnings of $150 million.

Wall Street is all about growth.

Higher teens here we come 😉

And by the way, we sold 1/3 rd of our position yesterday….we wil be selling another 1/3 position today at market close. Though we’ll buy back this 2/3 of our position probably in a couple of days.

Congratulations and Good Luck Swinging,

Your Adarsh.

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November 28, 2007 - Posted by | Blogroll

6 Comments »

  1. Hi, I made a killing of profit on NZ at 10.50 and sold at14. I was wondering when do you think the next entry point would be ideal? Should I stick with the same 12.50 or lower buy point?

    Thanks!

    Comment by 25mL | November 28, 2007 | Reply

  2. Very glad we helped someone yet again!

    Nopes a bit higher entry point! We sold off another 1/3 of our position today when it hit out sell limit of 13.93 in the afternoon. Will be looking to buy back both our third positions in two trades probably in a few days. First probably would be when the stock shows some weakness.
    I doubt it will see those 11’s again! 10’s and 11’s earlier was coz it was a new company with only one quarter report…Now we have two wonderful quarters to boast off.

    Listen to the conference call!
    Listen to what and how the CEO and CFO replied to the question on companies getting acquired and sold?
    Who wants to miss out on that?!!!!! NONE.

    Comment by youradu | November 28, 2007 | Reply

  3. WE ARE GOING MUCH HIGHER.

    (sorry abt caps…jsut wanted to make it prominent 😉 )

    Comment by youradu | November 28, 2007 | Reply

  4. lol, well, keep your blog updated on when to acquire NZ stock, i’ll check on it in a few days to see if there’s any weaknesses for a new entry point. Thanks again! 🙂

    Comment by 25mL | November 28, 2007 | Reply

  5. HEY Adarsh! Wow NZ is really growing. Remember when I told you about my losses from SIX? Well, trading NZ with some leverage I am back to even. I bought NZ at 10.75 and sold half my position yesterday. Thanks Adarsh, I’m learning a lot!

    Comment by Justin | November 29, 2007 | Reply

  6. Congrats Justin!,

    Don’t sell the remaining half.
    Did you see there was an opportunity to buy today at 12.75 (and less) that’s a total 10% swing if someone had bought at that price and sold at current price of about 13.75…My bunch at 12.85 is waiting. I missed cashing on that dip and hence missed another trade. Just buy your half back when it hits 12.5 or around that price!
    Good Luck swinging.

    Comment by youradu | November 29, 2007 | Reply


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