Steve168,
Perhaps the street is expecting another quarter of just, ho-hum, meeting of earnings estimates by FFIV. The ATONs and the EXTRs blew away estimates, while FFIV's estimates have been lowered of late. There could be some room for a surprise but the momo gamblers seem to be discounting that chance (and probably rightfully so, based upon conservative accounting practices, earnings growth estimates, &tc.). BWDIK.
My confidence is somewhat shaken, too. But, if this stock sells the news of another profitable quarter, I may take the opportunity to double or triple down. I believe in the company and its products, but will probably wait to see what guidance the company gives (and, perhaps more importantly, what shape the NAZ is in come early August). But I digress.
hope this finds you well,
ham |
