The drop in price has been a great way to pick up cheap shares. It is a complete overreaction, but hey, who am I to argue. I'll take the $.10 dividend and the $4 million in revenue next year on the E-2D program.
lol I don't think it was an overreaction. Revenue, net income, EPS, all down across the board. 3Q was the opportunity for this company to ride off spectacular 2Q 2013 results. The 'Systems segment' is hurting this company, while Sys and Integration (modcomp) segment is the primary driving force for this company. AND even that segment was weak in 3Q. It'll be interesting how the royalty revenue from Systems segment will benefit shares, but we probably won't see any spectacular results until maybe around 1Q 2014 or 2Q 2014.. assuming sequestration doesn't further inhibit this company and so forth. Definitely will put this on my watchlist, but in my opinion, you should leave while you can and wait until this Company has proven itself on a consistent basis. Remember, last year 4Q 2012 EPS was 1.45... current trend right now tells me CSPI won't even come close to that.