GREY:AZDDQ - Post by User
Post by
bobo2000on Aug 09, 2005 12:34pm
73 Views
Post# 9377763
Negative view
Negative viewIt appears investors looked hard to find the negatives in the report and overlooked the positves as trading is very disappointing today. I suspect this is an over reaction and value will be digested over the next couple weeks and we will see a steady increase-possibly some institutional buyers. One statement in particular was welcome:
"We are in the process of converting a USPS delivery van to the P1 parallel hybrid design at the Boston facility. This van will leverage the hybrid control software which is being tested on the HMMWV. We remain on target to deliver the van to USPS in the fourth quarter of 2005.
The P1 development is exciting for the Company as we expect that this system has the potential to provide the backbone of sustainable high-volume revenues."
I don't think to many traders paid attention to this today but maybe it will sink in later. Good time to buy a few more shares at present price.