Ann: Enterprise Sales & ACV Update, page-75

Great work on the trends GF, much appreciated by us all here. Particularly your observation regarding ACV growth is actually phenomenal because its only for 2 months, not the usual 3 months.

I was expecting a huge sell the news reaction because, how can anything announced match our recent poly-bagger gains?The sp has been relatively strong, but is sitting on the neckline of a potential head and shoulders topping pattern. I have had my finger on the trigger all day, but can't bring myself to sell after seeing such fantastic ACV growth. I figure that if the institutions were disappointed with the results they would have dumped us through the neckline (45c) from the open.
Personally I would also have preferred to see more cash receipts, but probably the previous quarter's cash was enthusiastically gathered to encourage the cash flow breakeven result.
At least the neckline slopes upwards which means if broken, it should not be as viscious a slump. 30c would be the target (ouch!).
AIMHO