Volcano (VOLC)
has never been shy about setting ambitious targets or pursuing a bold
vision for the company's future. Unfortunately, delivering the execution
has proved a great deal harder - margins are still weak, growth has
slowed considerably, and management has made a habit of coming up short
on those targets and goals. These shares are undervalued today, and may
be considerably undervalued if you believe in management's current
goals, but experience has shown that investors would do well to keep a
healthy skepticism.
Please continue here:
Volcano Still Has Plenty To Prove
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