DW,
Thanks for the kind words. If I were almost always right, I would have taken my trade here at 155 or so <laugh>. But I firmly believe that this company is in one of the sweet spots, and should either ramp revenue through the moon shotly, or be acquired.
People can talk about valuations all they want. I lacked the guts to buy JNPR this summer, because I thought it was a little rich for me, despite realizing how good the company was executing. Just goes to show you that valuation is very subjective, and if you ramp revenues and have great products that are needed, your stock will be successful. While this is a little more risky than a RBAK, EXTR, or JNPR, I will happily take my chances here.
Good luck to all, both sides, who have a rationale for what they are doing. While this whole market does have some elements of gambling, I feel I have a pair face down with AVNX, and am looking for a full boat, not playing Keno like others.
G |
