yea, me neither. Funny how in gov't land 100MUSD is chump change in military circles but at LRAD it would be like Christmas 365 days a year for life. :) I'm not planning on it either, just been talked about in past few years.
That came from 6500 units in the ARMY RFI couple of years ago x 15K - 20K/unit + the Kongsberg order which was supposed to be very large as well. Do the math and multiple just 6000 x 17,500/unit and you get 100MUSD in revenue. When you think about the Navy, Army, or even National Guard, State Department, etc. you could easily see a really big unit order come along. What's not clear to me is how low a price would LRAD have to bid on any of those big unit volume orders to get the business that could alter the overall size of course. Jirgs can chime in here but I think mid 8 figure to low 9 figure wasn't out of realm of possibility.
Yea, but they need consistent orders of this size or something really big to get any attention. They need a small to mid 8 digit order or a low 9 digit order to really get this thing rocking. We'll see. I hope Brown is really DUMBING down expectations and then delivers way beyond that. I know if I was the CEO I'd be like - oh yea the world is really bad and then surprise, surprise, surprise, here comes really big news. Why I'd never be a good CEO. :)
Great to see new order(s). Hope it continues and for LRAD 1000 and 100X not for the 360 family. As much as Brown dumbed down domestic LRAD military sales, good to see these products still being bought internationally.
Unreal. Cool, keep running. My stupid cell phone dropped the earnings call about the time Brown was talking about Kongsberg and Army RFI's. He didn't sound rosy. I looked at after hours volume and it all looked to me like it came BEFORE the call, and then it stopped dead in it's tracks. I didn't pick up any really good indicators from the call. Really interesting to say they were going after mass notification market fully and kind of ignoring AHD business (I know I'm oversimplifying that) but they see the most potential in Mass Notification. Would be great if MASSNOT was a growth vehicle while stupid gov't spending issues hopefully get resolved and the see some larger military orders come through. Go LRAD - almost back to break even today at 2.06. Wow, never thought we'd ever, ever get back to that point. Weird day. I'm confused by the 16 cent run during the day and even more confused by the 19 cent in after hours. That's a huge amount of market cap increase over one article that said essentially nothing new from Seeking Alpha author - and unless I'm missing something nothing really important said on the CC? What on earth is going on here? I love the rise just don't understand what's causing it and that makes me nervous.
400K shares today and no price movement. Weird. Again this is just an announcement about a relationship, not a direct PR about sales. Maybe too much money chasing two few opportunities. I just hope ongoing defense cuts don't kill the big deals.
We're long overdue for some news. Ironically I'm traveling next Thursday and Friday so I'll miss the call on the 21st.
what was the news on CNBC about? I couldn't see it when I searched for it - was it on TV or on the interenet? If on TV can you give a brief synopsis of what is said. Thanks,
Hello my LRAD darlings - yes I'm out of town in Houston Texas on an interview with a chemical company in Bay City today - nice company. I left yesterday at noon and I'm traveling a ton in the next 8 business days: Thursday I go to Ann Arbor Michigan, Next Thursday I go to Detroit and then next Friday I go to Southern Wisconsin all on face to face interviews. Life is good my friends, go LRAD. Nice to see this move although I sure would like to know what's driving it - volume higher but could this be buying by the company?
Sure hope you are right. For what its worth I travel on Friday this week :) Nov. 8th. Yea, I mean order of 600K or bigger when I talk about a PR and that's an individual order, not this combine bunch of smaller order non-sense.
great comments. I warned that we would go for a long time with no news. It was like there was news all the time when the changes to the board were happening last summer but then you could see this return to the doldrums. New PR guy needs to push the organization to develop the right business strategy to be able to re-energize investors. Dead now, sad, hope it changes.
going ok, several HR screens and now wait, and two more interviews next week. Frustrating to have to go through this process. Personal contacts and recruiters best - last is the posting to company websites but I do that just to be disciplined. I'm hopeful I have something locked up by end of this year early next, we'll see. It is nice to be able to work from home full time to recruit vs. having to be in the office. Couple of my job leads would be work from home situations. Would love to day trade but I don't have the cajones with a family of 6 to take care of and me the only one working. Impressive you can survive like that, you must know what you're doing. I know several people who are experts at charting and they day trade the S&P and they make good money at it, they use Elliott wave and fibinachi models and have 4 real time screens up at one time to do it, I frankly don't understand it but I'd love to really learn it and then day trade in retirement with a portion of my portfolio. I have an emergency liquidation plan prepared as well the only thing I need to address in that scenario is the health care gig - I'd have to apply for Medicaid is the only way to survive that - the premiums and deductibles for a family are INSANE if your employer doesn't cover a larger percentage of that.
Volume nothing to speak of, man this is opposite of what we normally see which is a gradual decline, Jirgs, others what do you think is causing it? If there was a rumor you'd see a lot more volume wouldn't you think?
Seems weird. Volume really isn't that high but slightly higher than average last month. Probably just the pps moving with the broader market last week or two. I can't imagine there is any news soon - I know that since I'm not on the road yet :) It's BIZZARO how closely correlated me being on road is with new news. I should be tripping for some new jobs here in next two weeks. Good luck to all.
White and Jirgs - thanks for your kind words. This experience is very humbling. I know it has nothing to do with me and I've had a great run at the company I'm with so it was actually good to get a "kick in the butt" and get going, the work was getting stale and I'd been doing the same thing too long. Everyone around me has been stuck in the same roles for a decade in a small business unit that just isn't part of the main stream of the company. It's all good. Lots of leads. Thanks for your thoughts. God is definetly looking out for me. It's unreal how crystal clear you see things. GO LRAD, no more negativity from me around here - new man these days.