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Technology Stocks : AWARE
AWRE 1.955+5.7%3:59 PM EST
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To: Scrapps who started this subject1/30/2001 8:18:03 PM
From: Peace  Read Replies (1) of 2404
 
As expected the future was guided down. It seems we have a couple of quarters of slowdown ahead. This is consistent with the fundamentals in the technology area in general. Revenue and earnings are projected to grow around 16% YoY on a tax adjusted basis. At the current price level, not much to worry here. We may see a brief selloff here as analysts bring their projections and targets down, but I think the stock has seen the lows and we will work our way higher as the fundamental picture improves. The shorts get some breathing room but eventually they will get frustated and cover.
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