And I know something here. A year ago next report, EGHT sold patent rights, pushing up earnings.
They will not have that this year and will lose that earnings.
They will report $.02 GAAP earnings (as they have forever).
Leaving them a ttm earnings of $.08, and a PE of 101 at present PPS REALLY???
Share buyback with that huge FCF (contraction)
Institutions own 67% (doubled ownership in the last 3 years)
Insiders own 25.3%
I predict 206 million shares outstanding next report. (maybe less)
I predict $.03 GAAP earnings this quarter (versus -($.01) last year)