Fred, you just never seen a stock with $4.1 billion in backlog before
have you? In 40 years of investing, I'll bet you have never seen
this typeof situation. $4.1 billion backlog, $1.2 billion market
cap, $38.125 stock price, new ideas and a pioneer in many market
segments withOUT direct competition, and a GOVERNMENT BACKED company!!
Even Microsoft, IBM, DELL, etc never had such backlogs!
Without any new orders, the company can sustain on existing
orders for 5 to 7 years at the current rate of sales...
I would tend to agree with you with other stocks like AMAT because
competition is so intense in the PC & semiconductor market!
Asia was selling below cost to gain market share. Their greed
took down their whole economy... Well, I like companies that
have their biggest presence at home in the USA...
40 years or 5 years, with all due respect, a good thing like this
shines like a diamond. These diamonds are VERY hard to find!
At best AMAT was a quartz crystal compared to ORBI. ORBI just needs
to be cleaned so others will notice the shine too... |
