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Re: Schneidku40 post# 36044

Monday, 03/31/2014 10:03:53 AM

Monday, March 31, 2014 10:03:53 AM

Post# of 53903
Assuming the backlog is correct - you should expect them to have continued to accumulate cash in Q1 which ends today

With no debt and a decent Q1 they should be at $3M of cash in the bank right now or nearly 2 cents per share

Theoretically they could in cash buy back 30% of the outstanding stock

Any ideas on what they are accumulating cash for? Seems like there could be a better use than a savings account interest rate.

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