sen in preop, page-23

re: share buy back - bad idea? Hooligan has the idea.

My take out is that they have cashflow under control -note their statement that they expect to meet forecast.

How many companies do that?

I suspect they have conducted sensitivity analysis against the sales pipeline and are very confident.

Given the market leading product they sell, I read into it that they could blow their forecats out of the water if they do well in the sales area.

Remember they are working off a low base. The market is huge and they have the most advanced router security product on the market.

I'm staying put in the stock.

Phil