Fred,
First, the trade after hours was probably a late reported trade, this happens a lot, it wasn't reported in its proper sequence, and as such was reported late.
Second, AATK makes a system that is unique to the industry, it is a little more expensive to intially install, but once it is installed it can be moved from one location to another as a modular office changes.
From my dd, i have found that the company has a lot of proposals out with various companies that should come to fruition in the near future. They are dealing with Herman Miller in one, and the recent announcement of the deal at the Lucent center is another. They also plan to bring all this together on a website, with hopefully a lot of heavyweight partners. This is scheduled for July. They have an infusion of capital from an overseas group, Crescent International, and have only tapped a small portion from them what is available. The company is virtually debt free with an excellent product. The only reason they dropped down to where they were was because of a margin call from a former owner who had to sell 200,000 plus shares of stock - this happened about the same time as the market crashed so its effect was intensified.
Please do your own dd, these are only my opinions. I would suggest you call the company if you have any questions as well, I have found them very open and willing to discuss.
Bob |
