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Model N, Inc. Message Board

  • bubbajones6689 bubbajones6689 Nov 19, 2013 6:47 PM Flag

    Any Comments on Earnings

    Encouraged by higher guidance in Revenue. Book value continues to grow

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    • wizardofwheeler@ymail.com wizardofwheeler Nov 20, 2013 7:03 AM Flag

      After hours all over the board. 8.50 - 9.47 more volume at the higher end. My opinion: the company is young enough there shouldn't be a "sales" issue. The product should be WAY to the left on the product life-cycle. Plan on holding to the bottom (again). GLTA

    • the conference call really was nothing to write home about. Especially the loss guidance for FY14 is going to #$%$ the last remaining investors tomorrow. Losing at least $20 million will eat heavily into the cash balance. Analysts seemed somewhat confused about the company's decision to hold on to currently idle sitting employees just in case things might become better. And reducing service people while increasing the salesforce clearly does not bode too well for implementation going forward.

      The new head of sales doesn't seem to be a real highflyer either so I don't see any reasons for owning the stock here. Still there's no strategy in place for turning around the company and the great cash balance will come down significantly going forward. Even at this low level the stock remains a sell.

 
MODN
10.03+0.13(+1.31%)Jul 22 4:05 PMEDT

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