this stock, but management also said growth was
going to be 40% for the next 5 years, then they lowered
that a few months back to 30% now it is down to 20%.
The facts are, this was supposed to be CPWR strongest
qt of the year, it sucked. Software sales dropped
off the deep end. They pumped them all into 3rd
quarter long enough to hold the stock up a little so
insiders could unload some more. How has the error been
corrected? Management doesn't even know what the problem is
yet. Why did software sales collapse? Sorry,
$140,000,000 doesn't just slip into next quarter. They won't
make it up, mark my word, it was never there. If they
did make it up, growth would still be 30% because the
"bench" is supposed to be 6% by June/July. Yea, right.
This management has ZERO credibility, how can you
trust anything they say? The only suprise on the next
conference call will be how many employees quit.
Pete was twice nominated for nobel price but
declined because he did not want to share with inferior
scientists. Pete is a visionary man. He started CPER under
the street light. Today it is the multi billion $$
to another call. I don't know where you heard
that. This management doesn't have a clue what the
future is going to bring They stuffed the 3rd qt to make
numbers, and if you take out the .02 cents extra gain, the
missed that qt, that is why the stock tanked. Then, they
lower the bar 3 weeks ago the stock gets hammered
again, now they blow that. How in God's name can you
think they know what the next 3 qts are going to bring.
They blew the 4 qt, their best qt, always.
this company since 1991, and I deal with reality.
I am long this stock for many years and HAD faith
in management. That is gone now. The only hope for
this company is to sell out. Software products are
dated, the writing is on the wall. PS purchase last year
was a disaster.
that crap? I have heard the same thing from this
management team for the last 9 months. Where did that
$200,000,000 in e-commerece revenue go this qt? No way man.
You are saying they are going to report $304,000,000
in 1st qt software revenue. No way in the world. If
they do it, you are right, I will bet you anything
they don't hit the number, no way.
even talked to the sales managers yet, they just fired
their top two PS leaders, they haven't taken any
measures yet. They are a mess.