There have been recent rumors....
Plus, guess what happens when you announce a 10% layoff - everyone starts looking for another job and gets nothing done. These guys could be in some pain for a while.
If they do $4.80/share and $5.78 next year that's 20% growth. Apply a 20 PE to it and can see $90 in a short run.
will be buying again in the low 80's in the next couple of weeks. No problem.
ANET can keep building awesome/leading edge products. Telling csco to either build something that is equal/better or stop hindering a company from developing products that solve problems thru stupid gamesmanship lawsuits.
If we can get there in the next few days it should move toward 80 fast. Hope for upgrades and price target news to push it over the line. Could be a big move.....
PANW (I don't own it) is killing them and the only way to compete is on price. Margins will crash and revenue will be ok but not great. The valuation is wrong and the stock will pull back below 25.
I missed it at 46 since it was only for a few minutes. Looked like a falling knife at that point.
Forecast is 10% growth (huh?) so they are trading at 30X earnings. Either they are total sandbaggers which is kind of jacked up or there is no value in it until it goes back to mid 40'2
with no big surprises around the supposed accounting issues. It's on a come back, earning a ton/great PE, and should be in the mid 120's by next week. Shorts get out so the rest of us can get back to making money
I don't get it. Trading at 4 times their growth rate (80 PE vs. 20% growth). Ok, it's cool but now way over valued. Don't get burned - let someone else. This is not a $10 billion company.
Even if they do .80 cents for the year there is no growth so at even a 10 PE it's $8. If you own it you're really rolling the dice on losing half or more of your money.
having to be there. What a poor representative of the company. Too bad.