I take it you are talking about ORCT, I expect them to generate about $1.25 next year, just from existing customers, or 25% plus growth, if they get other customers (and they do have a "pipe line" of "proof of concepts" with a number of other outfits)that growth is the lower boundary, I think that they should have at least a multiple of 25 on these future earnings, or a price in the $29/$32 area. $22 is still "cheap", though, technically, there is some resistance here, and thus I have taken the second serving off. I still have a serving from $22.03 (bought on the way down, when I thought support (now, of course, resistance) will hold.
It looks as if the DELL malfaisance will stop this rally here for few hours, that is good since it will allow absorbing some of the exuberance generated early on today. The funny thing is that apart of a short run in the ISEE above 200 (and a retreat back under by the close), there really was not too much exuberance, so after retreating a little, I think we resume the advance and indeed reach that target of 2140/50 soon enough.
