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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (44097)9/4/2011 12:05:13 AM
From: Jurgis Bekepuris  Read Replies (1) of 78703
 
UFPT - which "substantial contract ended"? If you're referring to:

A substantial portion of a large automotive door program ended on June 30, 2011. The Company expects that the end of this program will result in reduced revenues of approximately $625,000 per month in its Georgia facility in the second half of 2011, as compared to the same period of 2010.

then it's only about 6% of revenue. Are you referring to something else?

BTW, company lost 1.4M medical contract last year and made it up in other segments, so it's possible they can find lost revenues somewhere else again. Contracts end every year in these companies. If you sell on contract end news, you're already too late.

Disclosure: Large UFPT position.
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