Sam,
I agree 100% with your perspective. The only person who appears to be exagerating and extrapolating the facts is Raw. It is unfortunate because I have read his posts from other boards and thought he had a modicum of credibility, but I guess that speculation on my part was inaccurate.
Clearly AYSI is a risky, small company, but over the last few years management has shown an excellent ability to grow while controlling costs with no dilution. No small feat for such a tiny company. Times are not great in the short term, but AYSI is poised for the future. It is a risk, but to compare it to hitting on a 20 is a big stretch. I don't think the blackjack analogy works since it assumes you either hit big or go over. I believe the AYSI history shows a controlled, well run company that will struggle over the next couple of quarters (my opinion) with a small amount of downside, but a large upside when the market turns. I choose to remain heavily invested in AYSI because all it takes is another strong, committed customer(s) to absorb the demand of the second mill and drive some significant earnings growth since the capacity is almost available.
A risk, but certainly not worthy of POS. POS for me is restricted to high dilution, inability to control costs, wildly swinging revenues, obsolete products that are not adaptive to the market, or evidence of corruption.
Mat
AI
