you would be talking about CAT cutting off an R&D project when it is probably at the 50-75% progress mark (based on recent quarterly calls). if CAT is doing that, then I would question their (CAT's) strategy for long term growth. perhaps revenue due the the Joint R&D projects is deferred, but I still think at some point it gets executed, rather than canned.
I think a big part was that the Coal decline largely kicked in at this point last year. In essence, the comp baseline is fairly week
thinking through it...We are probably at a PE of around 20....not that bad given the growth prospects. i do believe in CAMPs future prospects as a business. Quarterlies say that fiscal 2015 could be huge when the efforts with CAT starts paying off. Its precisely a good moment to review why I got into this stock, and it does appear that the future looks bright. gonna ride it thru!
Yes, i also read the Q2 transcript...very very good outlook. its an internal wrestling match between discipline and belief in the company
A couple of days ago, i was thrilled to see a double (got in @ $7.97/share, sept. 2012), and was looking forward to a triple....now we are here much quicker than i anticipated, and i'm paralyzed on how to move forward. I believe in CAMPs future prospects-it is a pure growth stock in a market dying for growth, and its industry fundamentals. How have you all long time investors moved forward? Pull out your initial investment and let 'er run? Let it all run? Advice?
i subscribe to this thought. i have a hard enough time keeping up with the quarterlies for 5-6 companies.