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Orbit International Corp. Message Board

  • cart2run cart2run May 9, 2013 2:17 PM Flag

    ELECTRONICS GROUP

    Does anybody know if this part of Orbit was ever really profitable for an extended period of time??? There always seems to be some excuse why they can't make $ there.

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    • The only people that make money on Orbit are the overpaid managers - their salaries versus the performance of this company is an embarassment. The compensation committee should be fired. The only hope for this company is if another larger company buys them up and puts real managers who are accountable for the bottom line, They use the same "orders have been delayed" line every year. If this was true, then they should eventually have a tremendous quarter or year when all these "delayed" orders hit. Orders aren't delayed - they just simply aren't there. Just my opinion........

      Sentiment: Strong Sell

 
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