RE:RE:RE:RE:RE:RE:CWTI's Achilles HeelI tend to agree with Castling - everyone should do their DD. One concern is all of their top people have left ENPAR/CWTI, and most of the Pumptronics people left also. While it is encouraging that they have hired 3 new people for Pumptronics, it is hardly earthshattering. They need at least $1.2M in revenue just to keep the lights on. If they do get some sales they will have to hire a lot more people to deliver (another PP). I would be interested who is still there (website is not up to date), who are management.
The company had good technology and potential 10 years ago, but sadly were unable to execute and deliver. Meanwhile their competitors have moved ahead and left them behind.
You can understand why long-term investors are cynical, after hearing the same promises for so long. You would have to be overly optimistic to think that after 20+ years, the same management can turn things around.