Hi Susan...R U serious, LOL...
Me thinks she's docked here until SGI ties up lose ends on the bond deal, and files Definitive Proxy Statement w/SEC...
Currently, selling @ discount (p/s) to tech peer group...IMHO this could change upon finalization of the terms, and should they go cash flow + (higher end of their projections) during present quarter...
CC was positive...in that SGI Mgmt. projected growth of 5-10% going forward, both existing and new accounts (BA, MOT, etc.), increased margins, market share for their product line, and statement to the effect that they believe SCO's claims have no merit...
IMHO, looks like L/T chart is headed for a "Golden Cross"....
See ya,
M
PS...On the other hand, if Cookie's Crystal Ball is correct...things could improve quite dramatically....;0) |
