Interesting on how missing analyst'e estimates by .03 a share has caused this significant drop in the share price this morning.
Upside: dividend has a yield of about 6% currently. For those seeking income in this investment yield challenged environment today, given that this company is debt free (per balance sheet of 03/31/12) I'd invest some money here if one is looking to generate income and still enjoy it being taxed at a 15% rate. I am not concerned about one quarterly drop in revenues and earnings.
basically no growth, which is pretty much most american companies since they've cut as much as they can. Now, its time to create some new products, yet most companies don't have the ability to do that since these companies have been so focused on cutting cost ,which eventually takes all the creative juices out of the company. But don't listen to me just take a look at america ever since it started outsourcing and cutting cost since 2000. the stock market has done nothing. the only company that has shown anything has been apple and thats from their new products that the public jump on. but most companies have no idea how to create a new market or a new product to grow their company in today's world. it's all about cutting cost - well hows that working out for everyone.