it looks to me like they plan on major expenditures in 2009 that will hurt earnings. (I may be wrong.) I did not listen to the CC but I suspect that may be part of the reason for the drop. I will listen later. I would like to buy in at some point.
They did say they had plently of cash and are looking for acquisition. But as long as the acquisition is acretive, it should be OK. I think the downgrade did it because the stock was still up big prior to that. I got in at 8.8-8.75, should be OK.