Net earnings declined by $600,000 sequentially, and as a result the market cap has dropped by $31,000,000. Work-in-process inventory at the end of the quarter was up 37% sequentially, and chances are, sales will pop back up next quarter.
Hi, new to this board although I've followed your comments here since it's recent strong pull back. Checked the Quicken site for more info (not a big fan of Quicken but it has it's place)and was surprised to see how strongly they rated it in their five categories of growth trends, financial health, management performance, etc. http://www.quicken.com/investments/seceval/?p=SGMA&cmetric=summary
From a chartist standpoint this stock seems way oversold. If it starts to move back up with good news, I'll be in. I like the size of the float.