NYC95Greg
$LSAK I heard most of the call and I think they’re being conservative on the end of the year closing (should be November).
-Slightly weaker 1q outlook only due to acquisition-related activities, but positive on enterprise outlook and good consumer metrics.
-Merchant we knew coming in was still the problem, but as long as they are confident that it will get better (as they are), it’s fine and I liked that. He said the actions are not hard in terms of the cost. Take out this quarter for merchant.
-40% growth is outstanding. Stock is very undervalued.
-Will clean up the quasi-gov’t seller who is shutting down.
