No rev from the Williams deal and no rev from the GX550 on Q1; no talking (again) about the big clients, a "very significant win" with GTE, positive outlook on Asia and Europe, no price cutting, margins better, products are the "standard in the industry", a mention of a potential client in Latin America (?!), will continue to be "aggressively hiring", setting up "multi-year deals", and comfortable with .27 for Q2 and 1.15 for the year. The reason there was no "upward guidance" is Ashby already said what he was going to do, he said it 3 months ago. This is bad? They are not playing "street" rules, they are just doing what they said they were going to do. A penny over estimates (diluted) is bad? COMS was a bit under that number...
ASND management is being ultra-conservative. They know their own game, and they are calling the shots. The other way didn't work. When they announce the next big contract, they will give some "upward guidance".
If it goes back to 33, I swear I'll mortgage my house! But it won't. |
