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03/30/20 4:07 PM

#70349 RE: Knowledge is King #70347

Great Q4 for LGL as preannounced. But cautious guidance. Pretty much every company is going to give weak guidance so it's going to be nearly impossible to make money on traditional earnings plays for awhile imo.

As for LGL, this in particular from today's earnings PR sounded worrisome:

"Our Noida, India facility has been impacted by the Indian government’s nationwide lockdown, beginning March 25, 2019 until April 15, 2019, and all production activities have ceased, and our contingency initiative has been activated. The production from Noida historically represents about one-third of our consolidated revenues."