RE: earningsI sold some of my holdings after looking at the results and hearing the webcast. My reasons: valuation seems high at 30+multiple given that they haven't hit that in years and earnings are below the 1998 level, strange strategy in hearing instruments going from circuits into retail, refusal to hedge currencies (seems risky),continual high R&D spend with little results and weird accounting (deferred compensation). The cash flow looks good so if the shares drop below $10 I'll take another look.