% | $
Quotes you view appear here for quick access.

Itron, Inc. Message Board

  • analyst112 analyst112 Jan 12, 2010 4:34 PM Flag


    With backlogs down and no housing recovery, no wonder they sold stock. They just keep diluting the shareholders with an offering each year. i guess thye waht it is worth ---$50. They still have $80MM/yr in interest payments which are barely covered with cash flow. No wonder they have to pay off debt, they cannot borrow. The SDG&E contract for $450MM is over. They will have no recurring sales soon and the stock will head back to $50 where it belongs. Too much hype in this stock.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I do think so. LA market will just get bigger from now till 2012. In the mean time new contracts are being talked about.

      In LA they only installed 100K or so meters. They are talking about 5M by 2012.

      Europe & Asia are also looking to find out if the techno;ogy realy works...

43.75+0.27(+0.62%)May 26 4:00 PMEDT