same as last year, but only in that regard. Whenever interest rates are lowered stocks overwhelmingly move upward. And just as the shorts were correct last year that the interest rate increases would keep stocks down so should the longs now have faith that the opposite will be true in this environment. It is clear by RDWR's participation today that it can be heavily influenced by market sentiment and this should bode well for us in the coming year. Add in the fact that earnings growth has been stellar so far and this could be the breakout year for RDWR. BUY, HOLD, GET RICH.
15 months is not long term. If you think that I "was taken out behind the woodshed and thrashed" you're dead wrong. Why? Because I don't invest on margin I use cash and I only use the cash I can afford to loose. That's why you can't stand me. Because I've been here longer than you and I WONT GO AWAY.
Furthermore, when a company says that they are going to meet expectations when all others in their sector are warning that tells me that they are performing well. Why shouldn't I buy more? THE FUNDAMENTALS HAVEN'T CHANGED!!!! In fact, they are improving. This stock has been unjustly and servely oversold. It is now trading at 40 times last year's earnings (because 4Q will be at least 0.10 as the company has said). It's book value is $8.36/share which is over twice as much as CSCO's $3.84/share. Revenue has been growing at 30% per Q. Earnings have been growing at 40% per Q suggesting that they are increasing their profit margin. Current Net Profit Margin is 15% -better than CSCO's 14%. They have no debt. In CSCO's fiscal 2000 they earned 0.38/share. In RDWR's fiscal 2000 they will earn 0.32/share(based on the minimum 0.10 they have called for in this last Q). Sounds to me like everyone should be buying RDWR. Sounds to me like they are a close second to CSCO in one of the fastest growing market segments.
My advice to you is to scale in slowly as we closed at a 52 week low at the end of the day on Friday we could fall further. Don't try to pick a bottom just start scaling in on Monday. Then buy another lot a week later. And another a week after that.
Or if you prefer you could sit here with latt_2001 and tell me how wrong I am. But I think you are missing out on one of the greatest opportunities this market has to offer. Now is the time for the brave to step forward and start buying. BUY, HOLD, GET RICH!