Summary Earnings beat but guidance disappointed. Guidance was in line with the pattern of growth of the last few years. The stock dropped because the market has realized that growth will not be what it has been. Valuing the stock at a growth that continues but at a lower rate (in line with history) results in a stock price of $75. LinkedIn (NYSE:LNKD) … [Read more...]
Archives for February 2016
Proofpoint: A Short Idea For 2016
Summary Despite high growth, market leadership and some of the largest clients in the world, the company has yet to turn a profit in its 14-year history. Competition that includes Cisco, Microsoft, Symantec and HP is fierce which results in little pricing power and risk of losing out to the bigger name that is better capitalized. The stock has been used as … [Read more...]
