GREY:TSTIF - Post by User
Post by
GoPats1on Dec 06, 2016 7:38am
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Post# 25558671
Backlog, not Orders
Backlog, not OrdersIt may seem obvious, but backlog is merely current orders already totaled. While a good number, it does not represent total revenues for 2017. In fact, the ever conservative Maruoka (Canaccord) is carrying 195 units sold for 2017 and Doug Loe (Echelon) expects 220 units sold with both analysts carrying upside if/when further VP4 claims. Can't wait for US coverage who tend to cozy up to risk more comfortably.