I just started looking at this stock a couple days ago. It looks like, based on the work in progress and raw inventories, the next quarter revenue should be close to or better than the last quarter. In that case, the P/E should go down nicely at the current price.
One thing that puzzles me is why the gross margin varies so much from quarter to quarter.
Also, the Sal/Gen/Admin expenses have steadily gone up every quarter as well. Is this because of acquisitions or organic growth?
-Kauz
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