spek, "much more reasonable valuation" is in the eye of the beholder.
-FARO has no 3% customers I believe, versus far more concentration risk on PRCP.
-FARO's market is virtually every manufacturer in the world, not just the auto industry
-FARO has not projected lower sales in 2004 and merely being profitable, but substantial growth.
-FARO has projected that its market, of which it is the acknowledged leader, may grow 10-fold within 10 years (from about $300M now).
-FARO has institutions buying the stock like crazy (a danger sign if the holding percentage were larger), while PRCP has selling.
nasdaq.com`&selected=faro&FormType=Institutional
FARO is QUITE expensive, for good reasons, and is certainly NOT a value stock. PRCP is must less expensively priced, for good reasons as well, in my opinion. |
