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Re: fishhunter post# 45348

Wednesday, 11/14/2018 10:21:05 AM

Wednesday, November 14, 2018 10:21:05 AM

Post# of 53702
Hmm, surprisingly, I didn't think the report was as bad as I thought it was going to be. Well, the revenue was. But at least they managed to make money, showing they have a lower breakeven than they did before. Backlog was about $2m more than I thought it would be. Their book to bill ratio was well above 1 in 3Q. 4Q may well have $4.5m in revenue and EPS of 5-6c. But another quarter showing no growth in sight.

Clearly somebody wasn't satisfied. It didn't take much to go down 20% but bids are coming back.
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