Noel, thank you for the information.
I am pleased that DLJ, long a supporter of the stock (but one
who has on several occasions recommended PLAT
prematurely, I'm sure much to their chagrin), has come out
with a solid Q2 prediction. I especially like the "any degree of
profitability will help the stock move up into the mid-teens" part!
Agree with Richard, though, that it looks like the restructuring
charges are higher than previously thought at the time of the
original announcement. As long as these involve a lot of non-cash,
"scrub the balance sheet until its squeaky clean" maneuvers, I
think we will be okay.
So the stage has been set, and all PLAT has to do is
SHOW US THE MONEY!!! Also, the glowing mention of
BMC Software in Barrons this weekend, where the T.Rowe Price
New Horizons fund manager waxed poetic about them being
a strong player in a very rapidly growing marketplace, may
have a pleasant spillover effect on PLAT. Let's keep the fingers
crossed.
Regards,
Dave |
