Re: time for a signing announcement ... anyone agree?
posted on
May 28, 2008 07:01AM
You raise a good point and it was the one question I had in Duttons report. Although "price targets" are just that, targets, they did lower their guidance by a fairly substantial amount. The report was certainly upbeat but I wonder what led to the the price target being lowered so much? I would assume a portion of that is simply derived from the fact that they are speculating on revenue like the rest of us? They have spoken many times about the inability to fully measure or account for licensing revenue. Perhaps the price target is fairly meaningless at this particular juncture.