BuyOnDips
01-08-2008, 10:18 AM
LWSN had another good Qtr beating estimates. They guided higher with revenue, but 1 to 2 cents lower than analysts EPS estimates for the next Qtr. They are usually conservative in their forecast. I really like LWSN. They are still a small tech company with lots of room to grow. They compete against ORCL and SAP.
Here's there latest conference call transcript.
http://seekingalpha.com/article/59308-lawson-software-f2q08-qtr-end-11-30-07-earnings-call-transcript?source=yahoo
I love this exchange during the call:
"Alan Weinfeld - Henley & Company(stock analyst)
So correct me if I’m wrong, you’ve beaten the consensus the last few quarters, your costs are coming down because of your actions in moving people to Manila, which is four or five people work in Manila as compared to the cost of one person in America and your costs are coming down in Europe because of the center in Switzerland; and at the same time, your sales people are getting more mature, so you are doing bigger deals and able to do more deals globally on the license front, so you raised your expectations for licenses today, or just I guess kind of staying at the high end for the year on the earnings front, but tempering the earnings for next quarter, but your stock is down right now. Do you have any explanation for that?
Harry Debes (CEO)
On our stock price? We can’t figure that out. We don’t know what the heck’s going to happen on the stock price."
Anyway, besides MSFT and INFA, I think LWSN is a pretty good tech stock to own at these levels. I'll probably be buying more shares myself.
Here's there latest conference call transcript.
http://seekingalpha.com/article/59308-lawson-software-f2q08-qtr-end-11-30-07-earnings-call-transcript?source=yahoo
I love this exchange during the call:
"Alan Weinfeld - Henley & Company(stock analyst)
So correct me if I’m wrong, you’ve beaten the consensus the last few quarters, your costs are coming down because of your actions in moving people to Manila, which is four or five people work in Manila as compared to the cost of one person in America and your costs are coming down in Europe because of the center in Switzerland; and at the same time, your sales people are getting more mature, so you are doing bigger deals and able to do more deals globally on the license front, so you raised your expectations for licenses today, or just I guess kind of staying at the high end for the year on the earnings front, but tempering the earnings for next quarter, but your stock is down right now. Do you have any explanation for that?
Harry Debes (CEO)
On our stock price? We can’t figure that out. We don’t know what the heck’s going to happen on the stock price."
Anyway, besides MSFT and INFA, I think LWSN is a pretty good tech stock to own at these levels. I'll probably be buying more shares myself.