One of the things you also have to condsider companies may purchase a few programmers and their need to aquire new equipment will be liitle to none. How many programmers would the typical automotive comany need certainly less than 10 units in my opinion. How many follow up sales or new adopters will they gain to grow the business? Press releases and market projections are nice but firm purchase orders rule!
Hey Bridge, did you listen to the call? They have 2 new automotive customers and a good first 8 weeks of this year. What do you think now? I think its cheap. Not every company wants programming that is unreliable from cheap asian mfg. I purchase steel and aluminum from China and India but there is no way I would send controls of large solar applications to China.
Totally walking away from their software purchase which was the future - did like the previous CEO but he made many mistakes - investors on call all very nervous - not good. Just shows a good product does not guarantee success - creative destruction of the free enterprise system. Would like to see insiders and directors buy a lot of shares - no confidence from new management on call. We all took a big hit here.