Quotes by Jeff Silber

“We believe further multiple contraction and downward estimates revisions are likely.”

“In our view, guidance will be coming down, it is only a question of how far. We believe the recent departure of Todd Nelson will only add some uncertainty.”

“Ive been covering the group since 1999, but Ive been the most cautious [now] then Ive ever been.”

“Enrollment growth of 9.5 percent year-over-year, while likely better than many companies this quarter, was the slowest in recent memory.”

“We believe the market will be focused on the strong enrollment data.”

“This new student number is like your freshman class as they work their way through these programs. That will help your total enrollment going forward. Its a strong precursor.”

“The surprise was how large the new student enrollment number was ? everybody was just shocked. This was a stock with lots of short interest, and obviously theyre getting killed today. My guess is that this stock, after the euphoria of today, probably will pull back a little bit but will probably still trade at a premium to the group.”