RE:Just a thought for all the FLY boys
Tinman, suck it buttercup. The FLY shareholders aren't very happy about the current price either. The main difference between the two plays, if you would take the time to learn, is the number of installs, SNA has nearly triple the fully diluted outstanding shares, a 1 cent rise or fall in the share price is 50% so it's nothing to be proud of. Let's not forget the real world flight hours FLY (2,182,694) to SNA's, well nobody knows because SNA management doesn't share a lot of info. One more thing, many, many announced sales that haven't turned into installs. No one more thing, diverisification, SNA has all these wonderful products they haven't sold. They created a military division now off to marine and rail but can't sell the main product. No no one more thing, warrant extentions, nobody does it better. No No No one more thing, the coincedence of wonderful news releases right around a PP, except one or two over the years ago. They've thrown more c rap against the wall to see what end's up sticking.
Regardless of the BL BS both companies are after the same market and have similar business models, the need for recurring revenue.The more the installs the better chance of survival. FLY's survival hasn't been easy or pretty but it's surviving, I sure want to see the value much higher but it's still a gamble even with their current customer base. Bill and his team did a great job starting this company but as a true leader Bill knew it was time to step aside and let new blood take this to the next level. Now we wait to see the result, I for feel that with this management and board in place if they can't make it happen it never will. Which CEO made a substantial invest in the company he leads? This isn't SNA bashing it's a comparision of history and their two track records. Feel free to disprove anything I've written and I'll happily apologize and will stand corrected.