Cash dwindling and revenues suck. I remember when revenues were $100M+ and now they are only $70M. The company is burning cash and only upper management in making (or stealing?) money here.
Don't fight the trend. A lot of bulls fought it only to get burnt on the way down. Someone with money likes what is happening at Novatel.
NVTL should be pushing 90 million next quarter with new announcements every day. Novatel also has only scratched the surface of M2M.
Hey DUMB DUMB - listen to the call before you speak...
Revenues are increasing next quarter....
New AT&T revenue and now another carrier.
New products with new carriers delivering revenue.
Increasing? Really? Because they are calling for $80M and they were $110M in Q1 '12. That's a 27% drop in revenues for those mathematically challenged here.
Sentiment: Strong Sell
Future my boy, future... They are finally picking up business that means something. Hey, the price is in the pits. They are backing out of the products that brought revs but lost margin.
"They are finally picking up business"
Revenues falling from $110M to $70M isn't what I call a pick up in business. Cripe, I thought the hotspot went out with the 8-track.
I think this will see $1 soon