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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (1506)1/4/2006 9:50:36 AM
From: Christopher Brainard  Read Replies (1) | Respond to of 1540
 
Hi Bob,

We might have a new year, but the same old song is playing for the embedded sector:

News from RSYS:

" ... "Revenues for wireless infrastructure were weaker than expected in the fourth quarter," said Scott Grout, Chief Executive Officer. "We were expecting a decline in our wireless business from record levels in the third quarter. However, our revenue decrease in the wireless segment was larger than previously anticipated, due in part to customer initiatives to reduce buffer inventory levels. Revenues for the remainder of our business performed as we previously expected." ... "

The ugly beat goes on. When will it ever change and when will Bob ever look smart on his belief in this company??? Thank goodness Bob is a young guy, he might live long enough to see this investment payoff. In the meantime, the opportunity cost could be staggering!

Chris