hi dave,
this is more on how their core market is doing in this downturn, and whether they wont suffer as others have. there's little for the company to lose at this point, and this looks more as a winner simply because sales are very small, which means service can be very personal, making customers more likely to purchase from PVSW even when things are slow elsewhere (the benefits in PVSW's is there).
The fact that so many Techs are suffering brings the question of whether customers belive that PVSW will "stick around." The products aren't cheap, and once you change a system or adopt to use a certain company, you want to be assured that you'll be able to upgrade, be serviced, later on. That's the weak point for the company, since i don't know how much they emphasize this point.
Nontheless, i'm leaning towards positive for this summer, and will know more after the 10Q for last Q is released. I thought the WSJ article was helpful, and will see how much of it is actually being implemented, judging by the Numbers filed.
the way I see it, there's a a 50/50 chance that I'll pay more if I plan to go long after the numbers are finally released. the case is against me (since i have no position at this point), towards paying a higher price especially since the stock is soo low (compared to cash minus burn-rate, at least). but that's a price to pay for less risk.
Best luck, Marty |
