Fish Gone Bad

MICROS Systems Inc. F3Q08 (Qtr End 03/31/2008) Earnings Call Transcript

I can not believe the wonderful opportunity that Brean Murray created for investors by downgrading the stock. Micros Systems is making money hand-over-fist, buying back 1,643,000 shares. This earnings report was one of the most incredible earnings reports I have ever heard. The company spent $25.2 million on its own stock. Tom Giannopoulos said, "Business is as good as ever, nine months year-to-date they have been fantastic." He must really believe this because on May 6, 2008 he bought 50,000 shares for $1.5 million out of his own pocket.

If you take a look at recent SEC filings, you will see that<br>
on 2/12/2008 Neuberger Berman bought a greater than 5% stake in Micros.<br>
on 2/5/2008 Barclays Global Investors bought a greater than 5% stake in Micros.<br>
and on 1/28/2008 Columbia Wanger Asset Management bought a greater than 5% stake in Micros.<br>

I am so glad that I could personally benefit from this wonderful investing opportunity. I am long on Micros Systems. Keep up the good work.