Someone who listened to the conference call, please tell us what was said. Are we down this morning because the call or numbers were not good enough, or is it just the suction down from the overall market?
its down big...but on low volume. I suspect some program trading is kicking in and taking out stops as it falls.
Interesting, because this one is fundamentally much better than its competitors who are all down 1-2%. Many of them are losing money; this has a forward PE of about 12 right now, not a bad buy at all. And they know how to deal with recessions.
All is well, company beat on the bottom line, Revs beat slightly, they raised guidance and mentioned possible pirce increase on products, demad is strong especially in the US and Asia. This stock should be up, oh well i just bought more @ $19.25..
Here is the link to to CC.. It will get you excited so make sure you have some toliet paper handy!!!