MHH
I wasn't as impressed with the quarter as you think. Because this quarter was the quarter I expecting q2 and q3 on the revenue front, problem is I expected about .45 when that happened not .36. Costs were about 500k higher that I expected on sga and the gm were a little lower on there high margin business than I expected, Problem is I get the opinion from the CC that although the data analytics business is strong and will grow going foward, I also believe it wouldn't surprise me if we see a sequential decrease in q2, which as everyone knows is high margin business, heard alot about investments through there call which makes me think costs may continue to rise. I do expect there IT business to continue to run sequentially Overall I came with the opinion that $1.45-1.50 is a good estimates of 2018 earnings, probably worth a 10-12 pe at least, so stock is probably slightly undervalued as FV is probably about $17, having said that resistance is heavy in the $15 16 range and not sure it is gonna get through the next 3 months, and quite frankly if the stock has maybe a $1 in upside over the next three months that is about 7% upside, which is not worth the risk so I took my profits in the mid to upper 14's. All is just my opinion, and I could always be wrong though.
