Bought VRTY at 19.90 double position, please read
earnings after the close
Market cap is 700 million
Cash is 4.62
no debt
price/sales is 5.49
They have already already reaffirmed guidance for the quarter:
biz.yahoo.com
Their business is doing well and their track record of EPS is great. They always beat the number.
here are the last 4 quarter EPS vs estimates:
+.19 vs +.15
+.20 vs +.14
+.23 vs +.20
+.25 vs +.23 the latest quarter
REVENUE
Quarters 1998 1999 2000 2001
AUG 5,340 13,220 19,765 31,290
NOV 9,188 15,210 16,717 34,520
FEB 11,205 16,735 29,220 38,015
MAY 13,125 19,260 30,398
Totals 38,858 64,425 96,100 103,825
They expect +.25 tonight
next fiscal year is +1.06
So the PE is under 20, very reasonable.
I cant imagine them guiding lower after reaffirming number not long ago.
on the chart side:
Looks like they have formed a cup and handle formation and might be ready for a breakout
traderpulse.com
Michail |
