Given all facts I'd say I think the share price feels about right. Of course I hope for a much higher price but given the risk of recession I can't say it is reasonable to price favorable scenarios in at this time.
If the final Cisco requirement is met early in the 3rd Q and management provides some information on how it will benefit top and bottom line perhaps it would become reasonable to see a higher price but we don't have enough information to assume that IMO.
Spread is silly though; I hope whoever bought the two large blocks over the last month begins to trade it back and forth with someone else so this becomes a liquid stock!
You are sick. Nonetheless, you are persistent...sort like a bugger one sees others trying to flick off the ends of their fingers while stalled in traffic...slime is hard to rid one's self of...
Don't need snot noses...
So let's see.Egain is only up to 80 cents from 45 yesterday. Conclusion: Hpter is right. This company continues to disappoint. I was hoping it would shoot to 5.00 a share by at least an hour from now.
Thank God! They may be at breakeven but I'm guessing a $300 to $500K GAAP loss. What a huge relief.
Bookings are down sequentially but I don't know what the December quarter normally looks like. Anyone else know if December is a good quarter for software purchases? I'd think not.