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Technology Stocks : Aviat Networks
AVNW 23.29-3.6%3:59 PM EST

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To: Rob Preuss who wrote (182)8/27/2008 1:40:44 PM
From: The Ox  Read Replies (1) of 312
 
Its interesting that the analysts (according to Yahoo) are only expecting a 6% increase in revenue from FY08 to 09.

Hard to know at this point what will happen next year. As I stated before, I think the opportunity to buy below 8 was a good one. Quite the overreaction, imo.

Once they get the restatements behind them, it will be easier for the stock to rebound, since future comparisons will be viewed against lower prior year figures.
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