I think the simple fact is this (along with plenty of other tech stocks) ran hard and fast over the period up until a couple of months ago with price getting ahead of fundamentals.
As at today its trading at about 1.6 x sales which is relatively modest for a fledgling stock in the tech sector BUT of course we need to see some solid market penetration and earnings growth follow through.
Ann: US Roadshow Presentation , page-8
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