Fair Isaac in financial trouble?

MidnightVoice · ‎05-05-2008

http://news.yahoo.com/s/bw/20080505/bs_bw/may2008pi2008054620780;_ylt=AlGf7TWMgibn.3ROMrIDntuyBhIF

Credit scoring giant Fair Isaac (NYSE:FIC - News) shocked Wall Street on Apr. 28 with weaker than expected quarterly results, and its stock sank 12% the next day on the news. But things could get even worse for the company, analysts warn. With banks pulling back on lending and consumers buying fewer cars and homes, demand for Fair Isaac's ubiquitous FICO score -- the three-digit number that signals a customer's credit worthiness -- is dropping.

At the same time, increasing criticism of FICO (BusinessWeek, 2/7/08) is helping upstart credit scoring firm VantageScore grab more business and put pressure on FICO pricing.

The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid

Anonymous · ‎05-05-2008

Time to buy Fair Isaac stock! Any discounts on trades for forum members?

Anonymous · ‎05-06-2008

Sold my FI options this morning-

The SEC should be calling Barry any minute (Barry I promise I am kidding)

They could raise the price of a FICO score to $30 or 35 and include 1 share with it.

masdeocho wrote:

Time to buy Fair Isaac stock! Any discounts on trades for forum members?

llecs · ‎05-07-2008

Anyone up for a leveraged buyout or a hostile takeover?

Anonymous · ‎05-14-2008

Heard in the Fair Isaac board room:

"In business school I learned, or when I read about business school, we can't control the quality of our service. But what we can control is the price. Let's just raise the price. Yeah. There are people out there with disposable income. Let's let them dispose of it to us".

And after that, Fair Isaac was financially saved.