bean, I know you are an astute investor. how can you compare a company with $60 or 80m in revs with ones of $700m or multi-billions? economies of scale would reduce the sga %. a fair comparison maybe ARTW
nevertheless, hopefully this level of sga and r&d for Gencor was a one quarter event.
Astute investor...I wish I was,if You bought the stocks I sold too early like NPK,FSTR and Penn one would be very wealthy but the investments I kept like GENC and DVD that is why I rent an apartment and have an old car.Allfor wishes wishing you a happy new year and a healthy one .For the time being GENC is a dog along with ASTE.Political reasons for midterm elections and the failure to raise the gas tax so the new Highway Bill could be passed baffle me.Politicians only care about the next election and programs are timed to get reelected.Fool the PUBLIC and kick the can down the road is the norm in politics.