RE: RE: RE: RE: Today is the last day of Q2,...Although very bullish on SVC, I am not quite sure I agree with $28-$30M in Rev's for t his quarter. IMO, that is high considering last quarter and the choppiness of quarters to date - with Japan and lower sales to date.
I think it's prudent at this time, and in this market, (at least for me) to go with expectations set by the street - around $23M. If it is a surprise to the upside, fantastic. SVC looked to have turned the corner 2 of the last 3 quarters, and hopefully will get back to greater revenue growth in the final half of the year.
All that said, this presents an amazing "summer opportunity" to repurchase some shares that were shed at higher prices. This is a keeper in my portfolio - with a LT position, and a shorter term swing position.
B