Happy holidays, guys. We're up over 300% in the last four years. Not bad, but I expect the next couple years to be even bigger in market cap growth. The cable biz must keep up with the demand of Netflix, Hulu, etc. and Vecima has the solutions. DVAP almost certainly will contribute in the next qtrs. pushing earnings to $0.30. So the forward earnings of well over $1.00/ ought to fetch a PE
of 20 and with a little market exuberance the $25 target is in range. Sumit has been smart to redirect resources away from losers (Spectrum Signal) and focus on the hot cable market. The dividend can only go up. Whats not to like?
I'm with you on this, chart. It might be some time before the market rewards Orbcomm, but success will prevail and tonight's success will translate into earnings growth which will translate into stock price advance. This is a good stock to be in.