Hard to say nice bounce when the stock is still down double digits. Regardless, nice bounce from today's lows. Hard to say why TIBCO is still trading above 20.00. Still coud be a short bounce and the PPS will set new lows next week.
Very low revenue growth...possibly approaching zero and negative EPS growth...why should the PE be trading in the 30's? It shouldn't.
Very very overvalued here...at least until TIBCO fixes its unknown issues. The company had a 40+% drop in license revenue from its high. That's a lot more than sales people not being able to sell a value proposition.
Starting to think TIBCO products do not have a competitive edge anymore. One can't be in the thick of mobile, social, big data, anaytics and post negative growth if you have "best of breed" products. Just not possible.