### Comment:
I agree. The guidance could have been lower. $2.95 is more like a damage control. I think they will keep miss earnings going forward.

### REPLY:
I don't think they would have estimated to the upside on guidance. They are in the process of doing a buyback and therefore it is in their interest to be very conservative in their guidance. $2.95 is probably the absolute minimum they expect to earn, barring any unforeseen events.

### END.