RE:every public company in this space is doing wellmicro..... have those other companies in the space you are refferencing announced new contract wins in the last few Qtr's?
This is main reason the prersent cash balance needs to stay where it is.
You still have a business to run while you await any new contract wins no matter how good you think the numbers are next Qtr.
If you go back and look when the stock took off, it was mostly due to new contract announcements.
Investors get nervous about the backlog not growing.
Once we start seeing that, then you can talk about the cash on the balance sheet.
microcaphobby wrote: except DRX. I think the fundamentals are fine and the 3rd q will confirm that. We wil know in a few weeks. low 9's is the floor. We will find out soon enough if this is the bottom.