Wow, a company that in a down market and slowing economy could forecast an upbeat 2008 with earnings growth of 50-100% year over year, this is fantastic. WHY, did they not pop even more? I don't get it. Undervalued. Glad I bought in.
Don't forget that almost HALF of PEGA's current share price is in cold hard cash....with zero debt. I'd like anyone here to find another stock with top line revenue growth AND a cash balance like this one.
It will pop when it executes on the forward outlook, or on any good forward looking news prior to or at Q1 earnings release.