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Re: longmike2 post# 275

Wednesday, 03/02/2016 9:09:23 AM

Wednesday, March 02, 2016 9:09:23 AM

Post# of 389
MNDO is cheap with that strong balance sheet and got to love the dividend. But not sure Q1 will be good? Revenues will likely continue to show year-over-year declines. And the strong dollar might be less of a help on the bottom line in 2016. Didn't like the sound of this in the Q4 earnings PR:

"While the markets appear to be very active, necessitating extensive pre-sales effort, showing continuous demand for our products and services, many processes are extended or constantly delayed. As previously mentioned, consolidation in the telecom markets was not favorable to us in 2015 and we closed only one new deal."
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