I didn't say anything about where management has started to cut, nor did I offer any opinions as to what I thought about management's cutting R&D. Therefore, you may beg all you wish but I don't see how we differ. ggg
Yes, Itron is a high tech company, however the industry they serve is conservative when it actually comes to buying something. So even though high tech, the market for their products is conservstive. A tough sell, as Itron and their competition well know. skep p.s. I've been going longer today, so I guess we do have a funamentally different veiw of Itron's prospects.