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Monday, February 11, 2013 11:50:02 AM
You may be right about Q4 over Q3, but the record momentum of October they spoke of should allow them to exceed Q3 more than slightly. What will the margins be, if any?
I never believed CFP in Q1, and had projected it Q2/Q3 time frame. I hope that is still a fair expectation, but you may well be right. P2 took 7 months to have a record month of production. P1 took until the AGM in June/July until mid-November to be in "test mode". If that pattern follows, then P3 won't be ready until about July for test mode, and who knows for real production.
I think the parts issue is from R&D and not necessarily DIRECTLY from planning. They still don't have a design they are confident with to mass produce.
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