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Re: FUNMAN post# 1741

Wednesday, 05/11/2016 12:35:31 PM

Wednesday, May 11, 2016 12:35:31 PM

Post# of 2095
Sure man. Last week they announced Eric Hillard is leaving the company. The stock fell 30% in a week on that news, primarily because he was the leader for the navy sales.

Today's earnings was a slight beat to their previous guidance. The new breakeven for the company is approx 14M, and they are forecasting 10-12M in Q2, and considerably higher in Q3 and Q4.

James Tu is very confident in his pipeline. They are growing and hiring fast, so I hope they don't get ahead of themselves. Holding my long term shares since $4, but I haven't added yet.
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