share. i would say more like 12-15 cnt. dont forget: they have a very high margin, and also plenty of cash that they can play with to get another 1-2 cnt per share.but keep in mind that beating the expectation in not enough in todays market. we should get used to the fact that the summers price levels (27-32$) might not come back for a long time
I appreciate your words of caution, but what does this mean: "we should get used to the fact that the summers price levels (27-32$) might not come back for a long time. We were at $27 about a week ago (ie, late December) and only got pulled down as there was sympathetic downdraft. I admit that I held out the worry that RDWR would warn sometime before the end of January -- I'm sure that some who sold in the last week were acting on this worry themselves. RDWR management has taken that issue off the table. The very fact that the board discussion is now dominated by HOW MUCH RDWR will beat estimates is rather telling. Again: we were headed into the $27-32 range when misplaced fears started proliferating. That is over. Maybe it would be more reasonable to say: it will be awhile before RDWR gets back into the $75-80 range. But $27-32. That could easily be early January. Positive earnings surprise in this environment is going to stand out.
Im expecting 13 cents if in line with how much they have been beating forecasts by. Why 18 cents? They have been beating by 3 cents..= 13 cents. 10 cents forecast...7 last qtr and they did 10. or am i misremembering?
Very difficult to forecast how the market will react to such surprising EPS. Price went up 20%yesterday after Company's announcement that they are comfortable with analysts current estimates ($.10). It will not surprise me to see RDWR prices above $25 on first week of Feb. 2001