Revup I think you have misinterpreted his comments. earnings from 4th Q 2013 to 1st Q 2014 declined very slightly due to seasonality and he expects no change in the seasonality factor. Thus the current forecast of a decline to .05 in the first Q from .06 in the 4th Q is what he is reaffirming. If that is correct, and they make the .05 estimate and come close on revenue then audc is likely to see 6, or more, in the 30 days after the announcement as the market has sold it off because of the sons fiasco.
Looks like the MM's are driving down the opening to shake out some weak hands to let the accumulators pick them up cheap. That is what I get out of the hugely weak opening yesterday with small gain on the close. We may be in for more of the same today.