Growth still looks good, and their outlook, they say, is stronger than ever. Their top line was larger than thompson surveys, but eps of only .16, while average estimate was .17 (the low was likewise .16).
When the 10q comes out later this month, I assume it will say bottom line was affected by increased television commercial spending. Anyone else with thoughts?
How does this warrant an 18% drop? I realized its PEG is 2.2 or something like that and trading at a very high multiple, but due to the strong growth, I don't think it's overvalued.
18% drop because it's that type of stock... that is only back to the price it was about 5 to 7 days ago. A short time to retrace if this level holds. It could get back to Dec 30 price of 33? There was a big % retrace in early Aug 05 and mid Oct 05 also. 18% is a lot if you just got in but small if owned for a year or more. I just happened to miss the last week up so I'll look to getting back in if it gets back to 33. Cut half and wait some if your in? agpilot