look I understand some natural conservatism given the doom and...

look I understand some natural conservatism given the doom and glom globally and US tech stocks having run so hard etc.

but have a look around. how many companies have the APX cash/debt position, and consistent growth of revenue/earnings/profit ? If we hit guidance, we are currently sitting at a p/e of 20 - is that really going to hold? There are sexy tech and medtech stocks trading at p/e 50 that don't have our track record of growth.

p/e of 30 is conservative in my mind given our track record and the market we operate in, which makes this a $1.8b+ company no problem by the time earnings announced early next year.

the beauty of compound growth is even 30% ebitda growth on say 60m gives us $80m in CY 2019 - so put a forward p/e on it and we go closer to $25. Any more acquisitions, or growth more in line with our history of 50% and we are blowing past $20 comfortably next year IMHO

Sure, there will be troughs because someone announces a probe into facebook or iPhone sales down, but this is noise pure and simple. A 2% move on the NASDAQ is translating to a 5% move on APX is my observation. Which is ridiculous when you consider the main reason for conservative growth forecasts by us companies is a strong dollar. Their headwind is our tailwind...

Big tech is pouring cash into new growth opportunities, which is where we sit. Bring it on