AI
Monday, August 18, 2008 3:55:29 PM
YTEC analysts on call
quite a few questions asked, so I expect some upgrades and reiterations in the next few days. I heard reps from Globus Capital, SRJ?, Susquehanna, Roth Capital, and Avondale.
e.g. Avondale Capital Partners had GAAP EPS this year pegged at .68-.77 and a price target of $24.90 from $21.90 in February.
Sean Jackson, from Avondale, asked about 2009 growth on today's call. where the IT sector is growing about 20%/yr the company said they expected 40-50% growth for the next couple of years.
The company said that consolidation in the industry will favor YTEC and that proportionately more business can come the company's way. IT spending for financial services continues to rise. They believe their growth rate will be double the industry avg.
today's conf call guidance by the company is for .84-.87/share. this may be nonGAAP
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
quite a few questions asked, so I expect some upgrades and reiterations in the next few days. I heard reps from Globus Capital, SRJ?, Susquehanna, Roth Capital, and Avondale.
e.g. Avondale Capital Partners had GAAP EPS this year pegged at .68-.77 and a price target of $24.90 from $21.90 in February.
Sean Jackson, from Avondale, asked about 2009 growth on today's call. where the IT sector is growing about 20%/yr the company said they expected 40-50% growth for the next couple of years.
The company said that consolidation in the industry will favor YTEC and that proportionately more business can come the company's way. IT spending for financial services continues to rise. They believe their growth rate will be double the industry avg.
today's conf call guidance by the company is for .84-.87/share. this may be nonGAAP
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
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