Revenues are far below expectations but profits are better. I'm surprised revenue guidance is staying where it is for the full year with the guidance like it is.
That said, book value is close to $7 and they're not burning money. It shouldn't get crushed. It's hard to crush something thats trading for less than its worth.
Thursday, April 24, 2008
Rackable (RACK) far worse
Posted by Roy Howard at 4/24/2008 04:06:00 PM
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- Same old song at Samsung
- Rackable (RACK) story has changed too much for me
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- Rackable (RACK) ... a little more color
- Syna (SYNA) short interest is 30% of float
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