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Support.com, Inc. Message Board

  • jimbocho42 jimbocho42 Jun 9, 2005 5:45 PM Flag

    Why the stock's so low

    this late in the quarter to be this low, must mean they are not going to make their numbers!

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    • But the stock has traded this low ever since they reported $16.1M in revenue last QTR which was ABOVE their internal guidance and EXCEEDING 10 other analyst estimates. It was also sequentially HIGHER than 4th QTR.

      BTW, FACT the analyst who downgraded SPRT in April was expecting $15M in revenue. SPRT BEAT their estimates by 1.1M.

      I have been expecting people like you to start the QTR speculation parade, but once again this stock remained under $5 for about 6 weeks AFTER exceeding last QTR numbers.

      • 1 Reply to orcleman
      • Here's the deal.

        1. during the analyst call ceo was challenged that all of the orders that "slipped" into Q2, then they should raise their Q2 number by $7.5. They didn't
        2. The company would never buy their stock back if they were going to have growth by "selling" their way to success. They're trying other avenues. Heck, they just had a second offering, 18 months ago.
        3. I've watched this stock, and always near the end of the quarter it acts how the quarter turns out. not what analysts say. since this can't go up, then, they're having a rough go of it!

    • Low bar for expectations - sorry your wrong - This stock is a spring getting ready to explode -

      My take is they beat by 2-3 cents and we work are way back to $9-10/share

      JMO

 
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