Personally I expected more positive news, in terms of...

Personally I expected more positive news, in terms of quantitative new sales, at the AGM. No doubt some of the short term punters were looking for the same.

Those short term punters will no doubt now sell out and wait till SEN delivers on their forecasts before jumping back in.

IF they can deliver in 2007/2008 on their forecasts then it puts the stock on a pe of between 20-40, not overly expensive for a tech stock, but still up there.

For the party faithful I feel the guidance given at the AGM is a firm indication that present management are on top of things and have turned the ship aroun.

Going forward, any announcements that provide confirmed sales and value of same will add support and upward impetuous to the price. In the absence of this foresee short term weakness as the short term punters exit.

However, I am firmly convinced that new management have a handle on things and their initiatives will bear fruit in the near future.