Like I said, I don't know squat about earnings, but I know a decent company when I see one..
More from www.briefing.com:
'SOFTWARE ARTISTRY INC. (SWRT) 16 +1 7/8. Most likely, you won't find the earnings report anywhere on the Internet. That's why we're here. The guys who scour Short Stories for upside earnings surprises may have seen it last night: Software Artistry (SWRT) 14 1/8 +3/4: developer of customer support software applications reports a 3rd qtr profit of $0.10 a share, up sharply from yr-ago's $0.04 a share. The results were also 4 cents, or 67% above analysts' forecasts. Today, the shares have reached an intraday high of $16.25, despite the lack of dissemination of the earnings numbers. On a top line basis, results rose 43.37% to $11.84 million. This morning, the stock has traded 248,000 shares, already more than doubling its average daily volume. A look at First Call estimates reveals a company whose stock trades at 18.6 times the current mean estimate ('98) versus a 5-year expected growth rate of 30%. However, the most impressive ratio found when researching this issue is price-to-sales. While the industry averages a price-to-sales of 10.53 (trailing twelve months), SWRT sports a ratio of less than 3 (2.9
to be exact).' |
