If I read the "revenue trends" correctly, it seems goog was not a huge contributor.
Perhaps this is because Austin is going sooo slow, not the KC we saw last year. CLFD has built a diverse client base. That is great news. I look for a much bigger stream from goog projects as they progress in the next 12-16 months. (and from the competitors). Presume the Mexican facility is ready to go and meet demand. Keep increasing the customer base and add goog money as a bonus.
Now we got something to talk about! BTW, no shares repurchased in the quarter. Repurchase stands at 72,000 shares at a cost of $849,000.
My last purchases were between 9.20 and 9.60. In 2013, if i recall. So keep your powder dry. This action is not unusual for DNP. This is what it always does. Owned it since '92. No worries here. I Plan on getting some more when I feel it has stabilized a bit. (don't know where that might be). I will just ease into the the stock.... a little bit here and there. I know i will never get it at its lowest. But I hate losing the divies while i wait.
This story is dated June 25, 2015:
SAN ANTONIO – The Alamo City is a little closer to even faster Internet speed.
A spokesperson with City Councilman Ron Nirenberg’s office says the Public Utilities Commission has approved Google Fiber’s request to expand Google Fiber Austin’s footprint into San Antonio. The decision was made earlier in June. The move doesn’t mean San Antonio is becoming a “Google Fiber City”, but lays the groundwork for the possibility. Fox News San Antonio reported in an earlier story that representatives from the company saw the city as a natural extension to Austin.
it will fly if/when they put up some good numbers. Don't know about this q. But am confident about year end. Shorts seem in control of the daily pps right now. Maybe clfd is buying some shares, sure would like to know.
Of course you are right about the direction of this discourse. But lawsuits??? Where have you been??? google: Law offices of David Yerushalmi Bell and Stanton.
We may be seeing some short capitulation happening right now. Or maybe they are doubling down. Some good numbers later this month will put a nail in coffin. Otherwise we wait till next q.
It has traded between 9-ish to 11. Stagger your investments. Bought some more yesterday at 10.10. I am happy. If it goes down cuz of interest rates rise, I'll buy more and average out.