cnqr earnings
nothing unexpected on the surface, hit the lower expectations, day traders will probably jump this morning setting up longer term buying opportunity, cc was very positive, call 800-789-9033 to listen,
highlights- some deals not closed last quarter have already been closed this quarter, e-commerce network to launch before end of year, sbc major win with 144,000 users, strategy will focus on increasing user base, currently at 2.1 million with 275 customers, pipe lines are stronger than ever, growth will be moderating to 45-50% vs 84% last year, selling whole suites now, lenghthening the sales cycle from 6-9 months to 9-12 months, overall very positive, screaming buy on dips under $11, should see great return over next 6 months, bad news is out and priced in, business plan is intact and ready to proceed, 2 new senior management members added recently, im still looking for a double here by the end of january imo
good luck
ps copper mountain looks undervalued here too, some concern over lockup shares hitting market, but it is way undervalued compared to juniper and they are profitable last quarter! |
