CE Gary Cohen says IBA expected to generate revenue of between $540 million to $560 million in fiscal 2009 without revenue from Lorenzo. (12nov08) also an earlier article stating intention of opening up Lorenzo source code to gain open source synergies, could be a good move if they get version control, testing deployment running smoothly. i am hanging onto my shares until they get back towards $1.00 which will take some time, but with a median 2009 growth estimate of 113%, that will help deal with the 59+% debt they currently carry.
. . . Cam
IBA Price at posting:
51.5¢ Sentiment: Hold Disclosure: Held