but sheesh ... if the nasdaq / sox / ndx continue to stay weak who knows ... maybe the puts holders will all cover someday next week :eek:
solid company good numbers, just a little bad forecast. this is way too cheap. it is oversold with all of the hype.
Just a little bad forecast? 2 months ago the co. management predicted a 3% quarterly increase in revenue. Now they are warning that there will be a 30% drop. PC sales dropped 12% in the last beige book, if I am naming that report correctly. So there has to have been a drastic order cancellations by resellers. Or the co.s accounting in prior quarters did not truly reflect the real business.