PERI
Well first of all I brought it for a trade, said so in my buy post. A trade means I'm not thinking long-term here (Notice the word trade in my buy post). Part of my reasoning is that it was oversold hence waaaaaaaaaaaaaaaay overdue to bounce. It is bouncing. #2 MSFT with this rate cut makes me believe they will be more willing to sign a new deal with PERI because heck they squeezed more profit out of them, and less profit for peri. Could be wrong on that. #3 MSFT with the rate cut is substancially less of the PERI Business than 34% if we are to assume this rev short fall is thanks to just MSFT, that the msft news has become far less important, because my gut is revs from MSFT are now somewhere between 10-15% of total sales if that. But let me go back to #1 for a second I brought it for a trade. hence that should be irrelevant in my decision. All is just my opinion, and I could always be wrong though.
