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MİCROS Systems, AŞ Message Board

  • jrcheyn jrcheyn Oct 25, 2007 6:38 PM Flag

    What's with That

    Company beats pretty good, then doesn't raise guidance for year (granted 3 more quarters to go), that seems way too conservative. Anyone familiar enough with this co. to say that is common practice ?

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    • One of my core holdings. Since the meltdown of 2001-02, they have been low balling guidance. If you get a chance listen to the Q&A of the most recent CC. They are actually building up inventory due to pending orders in the next few qtrs. Barring another 9/11 event expect them to beat 2.62 for the year. At 61 it was a steal, at 70, buy on weakness.

      Red

      • 1 Reply to redtopper2
      • RT,thanks for that and good show on the holding from back then. I'll get to that CC tomorrow. I picked up again on MCRS earlier this year and after crunching the numbers I liked what I saw. Since I trade a lot I have been in and out of it this year coincident with each market rattling subprime revelation. However, Thursday I did the unusual, for me, and bought back in before the report. I have been looking for things to park more permanently in my IRA and this fit the bill. In addition to the good numbers, I believe this type of company is on either ORCL's or SAP's
        to do list. Don't know if you follow others in this industry but when I looked at the long term chart of MCRS , it listed RADS as a competitor. That got mauled yesterday and I'll have to take a look at it, even though I really don't like stocks that "break badly" (from Reminiscences of a Stock Operator-1923).

 
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