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This company has been in the doldrums for such a long time, I'm sure a lot of the followers have left or have a ho-hum attitude about it. Firstly, this company has had very poor management. In its hey day(if you want to call it that), it paid out money in dividends that it should of kept for R & D. The recent runup-excluding todays astronomical 1+ rise was due, I think, to an initial order amounting to $300,000 from a large company for testing equipment with more business to come-maybe. Also, there was an improvement in earnings for the last quarter. Todays, unprecedented, rise may be due to more sales-I don't know but guessing. A rise like this, as before, means something about which we'll find out later. Anyway, this is a company not to fall in love with or have too much faith. If you're a gambler, then you will see what the future brings. |
