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Post# of 113078
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littlefish

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littlefish

Re: hweb2 post# 112262

Monday, 04/15/2024 1:02:22 PM

Monday, April 15, 2024 1:02:22 PM

Post# of 113078
VIRC- I would guess people finally caught on to the YOY decline in shipping + backlog measure that was actually calculable from the prelim #s but maybe many didn’t go ahead and calculate it since the earnings #s probably caught most attention (also just noticed orders fell off in Q4). I have a small position (sold over 98% from peak position) but mostly am out since my take is things will start slowing in the coming quarters and funding sources after ESSER could be more scarce.

At least the company is in a strong financial position now.

All IMO only.

PS- it also (to me) felt like the CEO commentary was a bit more guarded now that I reread it.

PSS- Order rates also fell off from roughly up 10%+ thru 9 months to about 6% thru 12. I found that to be a slightly helpful forward indicator for upcoming Q revs.

I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog

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