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Friday, February 1, 2008

Cry me a Digital River

The bar comes down pretty good for next year with company guiding expectations from $2.20 to $1.88 in EPS for 2008.

I like this stock under $31 very much. I think they get acquired. Digital software distribution is going to be a huge business for a very long time. Amazon should buy them next. The Amazon is a river too. It's perfect.

1 comment:

Jim said...

Couldn't agree with you more on this one. I think they get bought and I'd say you probably have 7 pts of downside risk on the chart before you get nervous for ???? of reward as a longer term trade.

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