Thu, Aug 21, 2014, 10:58 AM EDT - U.S. Markets close in 5 hrs 2 mins


% | $
Quotes you view appear here for quick access.

Actuate Corporation Message Board

  • bimmertx bimmertx Oct 27, 2008 11:03 AM Flag

    Thoughts on Today's Numbers and Forecast

    This should be very interesting today. Actuate managment is on the hook to do $140m in revenue in 2008 per their forecast. That means about $76m in Q3 and Q4. The analysts don't believe this and have the estimates in at around $133m.

    I think they need to do $35m this quarter. The stock is so beat down from fear and redemptions that if they do $35m this quarter and still hold to the $140m for the year or close to it, it should start the major trend up.

    It is amazing how beat down Oracle and SAP are now. Oracle PEG is around .75. We need the big boys to stabilize and start going up.

    Thoughts on Q3 and the forecast??


Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.