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Arotech Corporation Message Board

  • artx_sucks artx_sucks Jan 12, 2007 2:58 PM Flag

    Hope you had your hands on the trigger

    Dont' believe the hype and the bullshit. One particularly active pumper here apparently doesn't even realize that when a backlog goes from $50 million to $41 million, that's a DECREASE in the backlog. Yes, it should translate into revenue (but not necessarily profit, especially with this management team), but unless the company is getting substantial new orders, which Arotech is not, the company will be toast when the backlog runs out, which by my calculations and Ehrlich's own statements will be later this fiscal year. And the market won't wait for that to happen. It will anticipate that happening unless the company gives it a reason not to. So far, all I've seen are dinky little PRs with no promise of any big contracts in the future.

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