nice pullback and turning back up...
Company has nearly $6 per share in cash. The stock cratered as the government (federal) business dropped hard earlier this year but this is lumpy and could rebound in seasonally strong Q3 ended september. Good seasonal stock to trade.
Has $.50 of EPS power excluding interest income if margins can rebound a bit ... so $12.44 - $6 in cash gives it a PE of ~13x... but of course they have to make/beat revenue estimates for that $.50 to come true...
anyway, its a bull flag technically so that is what I am using for my entry technique.
$12.42 (09/26/06)
