Ken, <<FWIW, I think APM's latest press release is overly optimistic based on what I learned this past week.>>
First of all, let me say that I think the announcement is very positive, in that it caught a lot of people with their pants down. From what I have seen in places other than SI, people don't really expect APM to post any kind of profit this yar during the transition. But WHAM, here they come with a press release basically saying, "Yes, things aren't so great, but we still (believe it or not) have customers, and plan on posting a decent profit in the next two quarters."
Also, in response to your quote re-posted above, what makes you say this? What have you learned in the past week that has made you go from a bull to a bear? I am honestly curious, so please respond. Also, I think you are pretty damn naive to think you know more than the company.
Brian |
