I think this Oak Ridge order is significant. It's $30 MM. The 2003 business plan called for $120 MM in X1 shipments this year. With the DOD order for $62 MM, they now have $92 MM of the $120 MM in shippable backlog.
I'll be buying today, even though there is unlikely to be a dip. We still don't know what the X1 benchmarks are, but I don't think Oak Ridge would have put this much money out if they didn't see some encouraging results. This is THE FIRST TIME the Crayons have truly exceeded my personal booking expectations. I think the stock has a good chance to hit $12 by year end and continue higher if the X1 performs well.
The Crayons have the best balance sheet they have ever had; a good backlog from solid customers.
This is a good day for the Crayons and their shareholders.