Acxiom is well positioned in light of fairly recent events, roughly the last 6 months. The new CEO waived the 'right' to his honeymoon period for all concerned, whether it be associates or shareholders. He quickly ramped up to speed by swiftly making broad expense/liability reductions, i.e. dumping their internal corp aviation department and re-evaluating real estate by dumping vastly under utilized brick and mortar locations and taking the resulting financial hits early to reap the benefits in the near future. I think Acxiom is poised to rebound, and return to its FMV stock price which, at arms length, should be in the $21 to $22 a share range given it's exisitng customer contractual commitments and existing tangible assets. I believe this return to these values will occur over the next 12 to 18 months.
$10.51 (10/14/08)
