Post by
hoffbag on Apr 15, 2014 10:12pm
amateur continues after listening to the conf call
Lots of questions, some direct and to the point which were very helpful, otherwise vague and somewhat hard to follow in some areas (try listening to them explain design wins and the funnel). ....They indicate a 200m funnel (revenue opportunity) for years 2016-2017. Their BEP revenue (as per Charlie Glavin) is in the mid-teens, so a bit lower than I presumed...call it 60-70m. They indicated visibility into 2q for orders and projected year end cash at 10-15m which implies a significant RAMP in sales q over q. Sally Daub on record "there is no plan to raise cash in the foreseeable future". Did not indicate at what level they would trigger a financing. They must have a large sales ramp in the bag (1q/2q) to be making these comments. So if you believe them this might actually move higher tmrw.......The market will render its judgement tmrw.