I was positive about QSII starting late last year and just over the past couple of weeks, thanks to solid earnings that confirmed the company's value, the market has decided to share my sentiments. We may be seeing a bit of an overreaction to the good news from the momentum traders and the like. The subsequent pullback is enough evidence of that for me.
I still remain confident in the future prospects of medical records automation, even as economic pressures in the U.S. continue. With a ton of baby boomers looking at retirement over the next few years, it's a good place to be. I won't worry about overvalued shares unless we see the stock approaching the mid 40's sometime soon. If the value is there, I'll continue to hold on to my little piece of this company.
As always, I provide this for informational purposes only and I am not a professional investor or investment advisor.
$31.79 (12/20/07)
