Having sold on Friday I can speak without fear...that is assuming the shares dont rocket up! The general market is looking at profits now and in the future. In SWT case they see more competition, smaller margins and increased business. The increased business has costs, it is not like a supermarket where you order more and sell more for little extra overhead. A $60 package may become a $40 package..a 10% profit may go from $6 to $4. The profit fall ..30%..has to be made up with increased customers just to stay where they are. Until the market gets the next set of results expect uncertainty. SWT is up against Telstra which is getting its equipment and act together. A partrner is needed to share costs in my opinion.
