RE:RE:Observation - someone being very smartMostlyserious wrote: The story had been told as an exciting one for over half a decade, starting with when it was IWS. $100s of millions of dollars in upcoming business.
The new story has it scaled down to $11 million of sales pipeline for the next year to two so far. If we are going to start getting excited based on what they say, then let's start by seeing a few bids being converted into sales contracts over the next few weeks since they said that their sales folks have told them that is what is expected to happen. Given the sales pipeline, these aren't going to be huge, and last quarter had only $80k in revenues. Things have to start ramping up significantly for us older investors to continue the bamboo analogy they started a few years ago.
Let's see how good of a handle they have on their sales prospects.
The farmer tendng the bamboo patch has been trying to invigorate growth for the last decade using the wrong fertilizer.
A repeated application of recycled garden scraps, mellowed meadow muffins and composted cowpies just ain't doin' the trick.
Time to try some miracle grow and cultivate more widely