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southacresdave

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southacresdave

Re: wadirum1 post# 999

Wednesday, 08/28/2019 6:26:25 PM

Wednesday, August 28, 2019 6:26:25 PM

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It's good they think the stock is worth more than $3. However, they better not be holding off on taking on more employees right now because they are expecting delays in orders from AT&T and T-mobile for the rest of 2019. They alluded to visibility being tough, but does that mean no orders in Sept or Oct? I wouldn't think that, but I don't understand the lack of hiring right now if they are 3 months behind on new product introductions.

If backlog is drained down when Q3 is reported than that $500K share buyback will not hold the stock up imo.

They have 5 weeks to close on US deal or international to get orders to make Q4 decent.
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