Lindy, How are you going to handle this?
I will ride it through. We could get a 40 point drop to 150, IMO, but, of course, I am always wrong short term. This up move was too much the last month, and the shorts are going to pound it down.
If you try to time this, you could get caught with your pants down. Since I am not taxable if I sell, it is a temptation to go out and back in. I won't do it, although it may really take a dive.
Short term, we are better off having the analysts underestimate earnings, it causes bigger jumps. Long term, it makes no difference.
This hand set price erosion is a good reason to sell that division, IMO.
When we did an analysis on the G&K thread as to the "Gorilla" nature of Q, one thing we did not like was the low margins, for a Gorilla, on the hand sets. |
