FTE Networks Inc (fka FTNW)

[Ed Ajootian]

That's a great article Chris, thanks for sharing it. Its great to see that they are thinking that the merger will accelerate them getting on NASDAQ. I wouldn't be too shocked if the Benchmark shareholders had required FTE to apply to list on NASDAQ as one of their conditions to signing the merger agreement.

Today's PR had a very helpful figure in it, which is that FTE's gross margins are running at 41% right now. That is a big improvement over what they were in periods that have been reported so far, and if they can maintain that margin on legacy FTE sales for this year that would be great.

I don't know what sort of margins a construction management company typically gets -- does anyone know? I would imagine they are lower than the margins FTE is getting, since it would seem that a construction management company would not add as much value as FTE would. But I don't really know.