my take is that this continues to be fairly dead money. 1.59B market cap on revenue of around 300MM per quarter revenue run rate. one could argue that this is not much, if any, of a multiple but when the CEO uses words like "despite" and "well positioned", seems like a bit of "excuse". Looking at ACN and IBM, SAPE seems to be delivering some less favorable numbers across the board.
137MM shares outstanding now seems to imply that they continue to issue stock and options at a fairly high rate.