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Friday, 04/24/2015 8:17:41 PM

Friday, April 24, 2015 8:17:41 PM

Post# of 4450
Time to buy. From the conference call:

Avi Reichental - Chief Executive Officer
Thanks Ted. Several weeks into the second quarter, bookings are ahead of the same period in the first quarter, specifically OEMs that paused to assess their own exposure to foreign currency and macroeconomic impacts are beginning to resume their capital investments and are making the purchases they deferred during the first quarter. While the current economic climate certainly disrupted our planned cadence for 2015, we believe that the fundamentals of our business and the strength of our portfolio remain intact. We’re encouraged by the overall strengthening of our order patterns thus far during the second quarter and are accelerating our ongoing integration, productivity and efficiency measures without impairing future growth.
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