Ouch indeed @oz-investor. Another day, another massive drop from a blue chip stock that fell short of expectations.

It does look like a shocker of a result though -- a sizeable miss on both revenue and earnings, and a pretty weak outlook to boot. Then there's this massive acquisition that added more debt and a fair bit of dilution, as well as all the execution risk that tends to accompany these things.

My rough back of the napkin calculations suggest that even after today's drop, you're looking at a forward PE of 25-30.