I am concerned about the costs to FEIC in assimilating MICN. Analysts are projecting healthy future earnings, but I'm hesitant to continue holding the 1200 shares I now have in FEIC.
If Phillips Business Systems does in fact control FEIC can't they also have FEIC produce products at cut rate prices for them? I've seen this type of thing happen with other low cap stocks. Earnings suffer and so does the stock price. That $6 per share wasn't for nothing. Shorts might be thinking the same thing. Long term (1-2) years things might get better. I'm satisfied with my profit, but if FEIC tests its former lows, I'd be upset.