Although Aruba Networks' (Nasdaq:ARUN) fiscal third quarter report in May was disappointing (particularly from a guidance standpoint), I liked the stock on a GARP
basis. Oddly enough, while this summer has not been a good one for tech
companies, the stock has been quite strong over the past three months.
While I continue to like the company, I do wonder if Aruba needs to
start showing a little more competitive share growth for the stock to
continue working well into the future.