Q,
I don't disagree what you are saying here. However the point I think you may be missing is that people who are claiming CM8 is cheap, are of the opinion that the business model is going to be proven. Based on that, you can't argue with their claim.
Also, management provided commentary on why revenue run rate was lower than December or November. So we know why it was lower than Nov/Dec. Only time will prove whether this is the new norm or just a legitimate ebb and flow in terms of the businesses yearly revenue cycle. I'm banking on the latter.
Breakout begins..at 23c, page-204
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