(12-22-2012, 07:33 AM)tradestar2012 Wrote: Gator, was there any clarity on the comps they used for the global security software peers and SaaS peers? I'm trying to get a feel for why research has triangulated around 17-20x forward EPS. Its a pretty big discount to the SaaS peers and its not clear if the multiple premium against the global security peers is due to faster growth at NQ or geographic differences or some other reason.
I had posted a PDF of the whole Oppy report on NQ. I will attache it and the PJ report (both from mid Nov.)