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Technology Stocks : CKSW: ClickSoftware Technolog.

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To: MJ who wrote (17)1/30/2007 7:38:40 AM
From: Tom Caruthers  Read Replies (1) of 66
 
Well, my sense is that the stock is overbought and that a dip to the low $3's may be in order. Think the market has already built in upwards revenue guidance from the November earnings release.

Yesterday's action on a potential follow-through day of a small breakout was one of indecision. So at this point, it could go either way. But I am encouraged by strong revenue growth and recent wins at Home Depot, PG&E, and Best Buy's Geek Squad and that the company has turned the corner of profitability. I only wish the company had a smaller share base. Then this would have been a real hot stock.
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