RE: RE: Best Quarter in 9 Years
Yes, I definitely hope the headwinds either diminish or do not undermine Adeptron's progress.
Adeptron must be feeling reasonably confident on the second half of this year. They probably wouldn't have gone ahead with hiring 3 new sales people - who will probably cost close to 400 to 500 K - without feeling comfortable that there will be sufficient cash flow to cover this.
My guess is that they already have reasonably firm commitments from existing and new customers for the rest of the year. Remember the comment in the Q1 release that Adeptron had already booked 90% of its planned bookings for the year? Perhaps they have already exceeded their planned bookings at this point. Perhaps some of their larger customers - military? education? - have increased their orders.
I am wondering if they have some new customer contracts they haven't announced yet. If so, I hope we will hear about this soon.
It is interesting that there was an uptick in the stock price a couple weeks ago to 8 cents, but now after the news there is no reaction yet. I am curious to see where things go now.
Anyway, I really have no idea what is going on at Adeptron, but I hope things keep progressing well into 2011.