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Vault Message Board: Hewitt Associates

Topic Name: Go Ahead.
Message Name: Oh Really?
Date Posted: 02/06/2006
In Reply To: I completely concur with you "Tired" I for one want to make this a better place and I'm TIRED of the negative folks who spew venom for all to swallow. Stop squandering in your negativeness and get on board or get out already. You think Hewitt owes you something? Have you checked other firms lately? How about our clients? Life is still grand here kids -- GET REAL!
Message: Life is so grand that our earnings have dropped 7%, our stock dropped 4%, and investors are concerned about Hewitt's decreasing revenue. A downgrade is probably not too far off. Our P/E of over 21 is too high given our revenues (IBM has a P/E less than 21 and is generally considered to be a more valuable stock to own relatively speaking). If there were any suitors to acquire the firm, we may have just scared them away. So, instead of an acquisition, we can all just wait for the firm to implode while our competitors pick up the client pieces afterward. You want positive? Go read The Source.

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