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  "documentTitle": "AerCap Holdings (AER)",
  "authorId": "04_Greenlight_Capital",
  "authorName": "David Einhorn",
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  "presentationDate": "2015-04-07 00:00:00",
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      "text": "We continue to expect the athena stock bubble to pop.",
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      "text": "valuation: $14",
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      "text": "At the Ira Sohn conference last year, we allowed relatively generous assumptions in the base case DCF, which valued athena at $50 per share. Back then, we weren’t forecasting a big slowdown in enterprise bookings, massive increases in capitalized research and development propping up the income statement, or Epic entering the cloud. Here, Jonathan Bush suggests that it’s up to me and other investors to decide what athena is worth. Well, at least he didn’t get his price target from the same place he got his growth rate. As it stands now, we think athena’s business performance is tracking closer to our bear case valuation of $14 per share. We continue to expect the athena stock bubble to pop.",
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      "text": "Source: http://www.bloomberg.com/news/videos/b/daa965b8-068c-48fa-b49f-109565a96743",
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