InvestorsHub Logo
icon url

john302

03/04/09 1:20 PM

#20251 RE: asus #20248

That's not what I see. I think it's going to retest 17.5, at least. But go for it, wish you luck. I wouldn't touch it with a 10 ft pole though. Bearish on financials for the next couple of years. Insiders only own 2% of the company. Etrade shows a debt to equity ratio of 8.31, "greater than 97% of its peers in the Software & Programming industry". I think there are much better deals out there, including companies selling for less than net cash.