Sold down (june tax selling) on bad first half where they will lose $3 million. Contracts have not been lost but will be booked in the second half. My bet is that they will book a bumper profit for the FY2003.
The market clearly hates SNX (just like it hated TVL and ASC) but it's a cyclical stock and with SNX's blue chip clients and improved revenues from the Baltimore purchase I bet it will bounce back.
Right now 72 cents buys you $1.20's worth of cash which could make it a take over target
Do your own research! Buy in gloom sell in boom
Sold down (june tax selling) on bad first half where they will...
Add to My Watchlist
What is My Watchlist?
