May & Speh provides computer-based information management services for direct marketers. Its direct-marketing services include database creation, data mining, data warehousing, list processing, and predictive behavioral modeling. May & Speh also provides outsourcing services to companies that wish to farm out their data processing. The company has targeted direct-marketing customers in the consumer products, financial services, industrial, and retail industries. Its nearly 200 direct-marketing clients include Capital One Bank, CUNA Mutual Insurance Society, Intel, Mead Johnson Pharmaceuticals, and Sears.
This company's stock recently dropped 33% to $8 with the announcement that earnings for the Dec. 96 quarter would be .09 instead of .11. Does anybody have any thoughts on whether or not this was an over reaction resulting in a good buying opportunity? |
