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hweb2

01/23/20 12:22 PM

#67821 RE: John Bates #67818

Hopefully on SEAC. Upcoming Q4 is going to a monster. And a stellar looking comp. Even though the numbers are likely to come down quite a bit in Q1, that should also be another fantastic comp vs. last year.

The thing on SEAC that has a lot of us scratching our heads is why they continue to target 10-13% operating margins (CFO did this again in their recent presentation at Needham). They were well above that after the Q3 turnaround. So why do they keep saying this?? I'm all for being conservative, but seems like a bonehead move to have the target so low.
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indievestments

01/24/20 8:36 AM

#67845 RE: John Bates #67818

Hard to say re SEAC guidance. I’m assuming they sandbag a bit, hopefully not too much.