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Earnings June Year     29-Jul-09 05:53 am    
Time again for one of those stellar and enlightening cc's soon.

I was trying to recall what impact the dollar had on revenue and earnings in the prior two reports but can't , does anyone have a thought on that. I thought that a declining dollar was good for MCRS since that would make sales easier/cheaper overseas. If so that would be good in the latest quarter. Another factor is the economic impact here, on sales. I still believe that if their hardware and software drives efficiencies, they should be okay. A third consideration is the stock market itself which seems to have a better attitude and would treat a penny beat much better than it has in recent quarters.

The valuation is okay. I might get back into this before the report, it all depends on general market conditions . I own that SPSS that IBM bought yesterday and my confidence level is higher. Sure would like to see some growth here or at least promise of it. Margins could use a boost as well.
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jrcheyn

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Earnings June Year
jrcheyn Not rated 29-Jul-09 05:53 am  
 
A declining US$ would help. From the last qtr repo...
redtopper2 Rate it 20-Aug-09 01:38 pm  
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MICROS Systems, Inc. (MCRS)

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