Replies to post #166923 on Value Microcaps Motherboard

[hweb2]

At what point does TIK backlog decline become an issue? Down to $28.7M. Was $37.6M a year ago. Also down sequentially from $32.6M. If backlog keeps slipping, stock will trade at a hefty discount imo.

Q4 earnings of .11/share were ok. Would have been higher but gross margins pretty disappointing. As you noted, gross margins are expected to improve.

Will be interesting to see what the market does with this report. I'd prob sell on the initial pop.

[Minding]

I hadn't realized the pressure on countries to upgrade to Mode 5 will begin in 2017.

Still listening.

Kind regards,
Minding