not sure about great buying for the dividend alone? what? 1.7%...

not sure about great buying for the dividend alone? what? 1.7% yield? i think a few holders are missing the point on this one, you can't correlate the 3% miss on earnings with the 20% drop in sp and come up with the oversold argument if its valuation was too high for the earnings growth they reported. I bought RMD at about 14 and sold out immediately on this announcement, thankfully making some profit, i was lucky. A price earnings ratio of over 30 might be ok for a stock growing at 20-30% and for a stock with great track record and growing dividend you might pay a premium, but 11% growth? on a P/E over 30? That's a big premium for a growth stock with a fair bit of debt late in a bull market cycle. I think RMD are fair value now, however i'll be holding fire until mid year results show saas strategy is working to plan. Long term sure, good stock.