Tuesday, February 11, 2014 3:26:45 PM
There is no denying that the qtly results were disappointing to say the least. We can't keep crawling like this and hope that the next qtr will spring some pleasant surprises.
Yet the technology does seem to be getting more and more vindicated. We just don't seem to have a great revenue model in place to get quantum jumps in revenue. The DLA contracts have not done much so far. We will have to see how the Textile business works out for us. This will be clear by the next qtr.
Also feel that expenses including salaries are way too high for these kind of productivity levels. The increase was being justified on the basis of getting ready to address growth but that just isn't seen as yet.
Glad that the market did not maul us down today. Hope that we see some DLA or MDA related PRs in the coming weeks.
Good luck and God Bless us all.
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