RE: Don't worry, be HappyNot that I have been around SVC that long, but it seems a lot is hinging on this Q in many posters eyes here. Is it just investor fatigue of watching this stock level out over the last 6-8 months? It must be, because it is not based on fundamentals, really.
In my view, as a fairly new person to the stock, much progress was made by this company during absolutely terrible times in the economy and market. That says something in my eyes. To have a cash position as strong as this company has, to have as many wins in 2009 as this company has (although not the big fish everyone wants), and to have management that seemingly has a eye squarely on growth while managing expenses means something significant.
Perhaps it won't be shown in this Q. Perhaps they meet expectations (-.03, I believe), or are slightly better (in my view, they will be slightly better). Or, perhaps we will see a writedown to clear the way for a clean B/S and better financials in 2010. Who know. What we do know is the fundamentals of this company are good.
My point is, it's not about today or tomorrow, it is about solid continual growth with a constant eye on expenses to achieve profitability. SVC seems close, but not quite there yet. It could change in a second with a big win or a big quarter. I expect to see that in 2010.
Cheers longs, and don't sweat it.
B