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Procera Networks, Inc. Message Board

  • hirsute_123 hirsute_123 Feb 28, 2013 10:24 AM Flag

    PKT a victim of its own successes

    PKT got ahead of itself but all in all had a great 2012. They just didn't manage to meet other's expectations who drove the stock price up. "Record revenue of $59.6 million, up 34% from 2011; record bookings of $67.6 million" would have been a decent year except for those who expected this to behave like a company selling a consumer product. Lots of lofty projections put PKT in the too good to be true and some of us believed it could go on forever. Reality is a different story though as we see the success for PKT will come down the road. I guess one thing we will learn is whether or not anyone is interested in buying them as they will get their opportunity as we see it settle down to a new bottom. Not sure where that will be but we'll know in a week or so. Good luck to friends and to whiners, go find someplace to lick your wounds and leave us alone.

 
PKT
9.77-0.22(-2.20%)Jul 25 4:00 PMEDT

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