For me this companys stock price at the moment is cheap.
Their Market cap. today is 380. M. They brough last year 400 M. Revenue. This year about 350-380M. Look at those numbers. You buy this company and just 1 one year you get back your money!!!
Cut off labor cost is the right way. May be more, 20%. More Sale and Marketing effort for new markets such as Brazil, China, Thailand...will help the company back on track. Their value technology also support longtime investors.
nndung802000, you seem to have a grip in what the cc call was all about, it going to take several quarters taking the company into fy14. Also the problem is not competitiveness its been internal. The past CEO and COO knew nothing about how to get the product out there, they had combined the sales team of TOMO and CK now they are separated. Look forward to better times for Aray several quaters down the road, until then shorts are in control. The current CEO Josh Levine mentioned in the conference call he will release updates being alot more tranparent.