Savvy Trades and Investments

[rado]

SEAC I also purchased some around $4. Company is trading at P/E of 10 or less annualized with one-times excluded. The contracts are basically a million upfront and then a million per year for four more years. So if they continue at the same sales rate they've been at the last quarter then revenue should double in a year. The CEO says they've invested $250 million recently in there development, albeit inefficiently, so they are a generation or two ahead of the competition. He says they have a new product that is already developed that they will roll out next year. So there is a chance that sales could accelerate. Cash flow has been a problem but CEO says they will be cash flow positive this quarter.