PACT has been beaten up by the shorts lately despite it growing its revenues at
a 50 clip
and its earnings showing 100% year over year growth. Next year earnings will
still be
growing at a 50% rate.
http://biz.yahoo.com/prnews/060804/cnf007.html?.v=16
PACT just announced that earnings will be out early and on time for the first
time since the
whole Sarbanes-Oxley regulations have wrecked havoc on reporting for small
businesses.
Today's PR also seem to confirm the rumors that a new CFO will finally be
announced
shortly after the earnings report.
Removing all these past unknowns now makes PACT a screaming buy.
A PEG of 0.38 and a current market cap that is significantly less than next
years estimated
revenue and very low float in a very hot high growth market.