Agreed about the long term, but if the short-term looked at all negative then surely they would have timed this transaction for Feb 10th. Put another way, I don't think they'd have completed it (at these prices)if they anticipated a bad market reaction to the quarter.
That said, regardless of timing, the investment is a positive sign.
Fingers crossed that they are able to keep up the guidance for the year; consistency there could be very rewarding for patient longs.
No positive pre-announcement like last quarter? I was really hoping to hear of a positive pre-announcement to show that NUAN was not impacted by the overall economy. It may not mean anything, but it would be nice to hear positive news ahead of time. If we only meet analysts numbers, it should be OK. Now that we've seen some serious damage in the economy, Mr. Ricci's projections going forward, to include the comments about the WP purchase and how that plays to future plans. Good luck NUAN on the release.
Still time for it. From macro conditions, it could mean a nice bump to get over the next hurdle. As I recall, the preannouncement last quarter came at the end of the quarter. I project they beat estimates. Market conditions looked very bad when they made their EOY projections, and it is only reasonable to believe they low balled them, consistent with NUAN consistently beating estimates. This quarter should benefit from the non-US upgrade of Dragon we saw in the last quarter, and the pipeline they mentioned in the last conference call as being primed to go.
Nice call Graham! you get to move on to the next round, next question::::: This one will get you a free drink of your choice on the 2010 NUAN cruise>>>>>>>>>>>>>>> Your Earnings prediction(must be within a penny either way)?