Azure Dynamics Corp AZDDQ

My Take on the Q2 Report

[Darmim]

Scott Harrison has been careful with his wording. From the AGM he had delivered information that he had followed up on. This is what analysts will be looking for in the coming weeks, and in particular the year end finishing with 22 - 24 million revenue figure. If AZD hits those targets then the analysts and investors will gain more confidence in the forward looking statements. So we can expect more from Europe, Hanover in particular. The coming weeks we will have the information on more buyers. The transit connect leading customers will be announced. It is also interesting that the words choosen were "blue chip companies" to describe buyers. Blue chips are no mucks when it comes to spending their money. The more that the blue chiops are buying and rebuying, the more product confidence and endoresment for AZD. Do not forget that AZD is is a growth stage, so they will be chasing the increased product investments initially, until the payments come through. An area to keep an eye on will be cash flow management. The other point to ponder is that Scott Harrison keeps refering AZD as a technology company, is there some move to aim AZD to other exchanges or is he needing to educate some group out there? All said and done from everyone, I see AZD as a continual buy, good luck finding dips, just don't get caught staying on sidelines saying I wish I had bought. After all Scott Harrison keeps buying.