and arris group, we have a payment analyst with bloomberg intelligence.gth of the core payment processing business. how strong is it? >> the processing businesses quite strong. there's not a lot of debate on whether you should compare. they are the growth rate of the industry, and are the very brink of profitability. rick: i would not say i am bearish on it. but as investors and an ideal, you are looking at with the opportunity is valued at. we took a look at because the company is not profitable on an adjusted basis, we looked at trailing 12 month sales for the company. that is the evaluation they are looking for. what we came up with was the stock is valued at about nine to 11 times at trailing sales. that is twice as much as payment index bloomberg intelligence is valued at. the valuation is very rich on our sales. emily: do you think the valuation is rich? >> i don't really. obviously, as a public investor, and is lower than what the investors were getting in several months ago. obviously, you have to look at growth in future evening -- earnings. they