If you are a long, NEWP below $14.50 presents a buying opportunity IMHO. I see nothing wrong with this company other than poor guidance from management and monkeys posing as stock analysts who weren't smart enough to figure out that their EPS targets were too high.
I know this company well, very well. I think this is now a screaming buy, cash in the back, very little debt all good things for a company at this time. They will have a rough time because they do rely on semi conductor and scientific universaties but regardless they are position well for the next few years, it will pop before the end of the year to 17-19 and for long term 2-3 years at some point will hit 25-30.
I doubt it. Growth and acquiring companies aren't one and the same. Having a lot of people work in a company doesn't equate to more revenue. It definately doesn't support gross margins.
Hopefully Newp stays volitile for option plays. Go back in time and check the stock price in late 2002. Where is the stock now? And where will this stock be in 10 years? This is a rolling stock. It's my opinion, and what I consider an optomistic perspective at that.
I've been a buyer in the recent sell off. NEWP is a solid company with a very cheap valuation at this point. The analysts have revised their estimates to be more reasonable. I posted on 4/24 that their EPS estimates were too high well ahead of the earnings call. Do your own DD.