$22 by year end as PE slips to 10 ($15) plus cash ($7) .. way too much growth priced into this non-growth stock. Light short interest reinforces that its time to walk this one down. Sorry but that is just the way it is.
After all the analyst buzz about the move to the Cloud, and the execution to date, you guys really think a 20% drop is in the cards? Forget technical analysis - just use your common sense. Only a fool would try to predict which way a stock will move based on a quarterly ER, so I'm not making any comment about that. But you're compounding the mistake, and eliminating your credibility, by taking such an extreme view.