RE: Buy, sell , hold
I haven't decided if I'm going to buy more. I almost have a full position, and don't see the CC propelling the stock through the roof. I will buy my final shares of my position should the price show some weakness. I, however, think that management is holding back some.
They speak of 1) somewhat weaker competition, 2) stronger pipeline, 3) new products 4) high quality sales hires, etc,
But then they proceed to guide expectations lower, both for revenues and earnings. I think this is somewhat calculated. Most environmental aspects for the business seem to be improving, with the exception of the looming enslaught of SAP, should it prove a worthy competitor here.
BTW, many on the thread are encouraging what I think might be "hyping the company up." While I agree that too much caution is a bad thing, let's not encourage management to paint a rosier picture than might otherwise be the case. We are priviledged here. We listened the the CC. We know their tendencies to understate or create a margin of safety. We should use this to our advantage. 'nuff said.
Shane. |
