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Stocks D / Double-Take Software
|Subject: Honesty. Nice.||Date: 4/29/2009 2:41 PM|
|Author: Har1en||Number: 76 of 76|
2009 Financial Guidance
"We have seen some stabilization in our sales in March and April, but we are cautious about concluding that this is a trend or that we will see solid growth in license sales returning this quarter," said Goodermote. "Moreover, we believe that we are unable to accurately predict global economic trends which are weighing on us, and our sales visibility is mostly short-term, so we are no longer able to provide meaningful guidance for the full year although we remain hopeful for renewed growth."
Quarterly numbers were bad, no earnings, bad revenue declines. Too bad for them. I am glad I never committed a significant amount of money to this one. Can anyone posit a scenario where they turn things around?
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