Is Azure Hyped?, page-21

Hi guys
this theory that profit downgrades are always followed by more is one of the things repeated in the market like a mantra without merit. some downgrades provide the perfect opportunities . Brambles a few year back, Aristocrat leisure as well. So my point is look at the reason for the downgrade. it may be a buying opportunity , it may be neutral , it may be a sell . at this point I would say neutral to a buy given nature of industry