dollar-wise in a year? A new moped is what???... like 10 years of their total salary. 2 stroke ain't gonna cut it folks, not for a long, long, long time anyway and that much time OE don't got. What I'd like to know is are they still spending big money on R&D? Have there been any employee layoffs? That cash reserve has to last awhile, have they been tightening the purse strings?
I sent an e-mail to OE last week asking them to consider a share buy back to stabilize the price at current levels. Roberta from IR told me that the board has discussed it, but since they paid off the convert. etc etc etc etc. Forget that it was just a polite no. What she did say was,that BOMBARDIER will introduce models this spring or summer.I do accept that because the last time I went to Bombardiers site about SEA-DOOS it stated that more models and changes were coming soon. The last thing is the trading of OE during the last 2 weeks.The price has found rock bottom and there has actually been some fair sized purchases at the ask.Something is better than nothing.