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No. of Recommendations: 10

Key points:

The laser scanner continues to find more and more non-manufacturing opportunities.

Gross margins should improve quickly and get back to normal levels

The core business is still expected to grow 20 to 25% with the new product opportunities growing even faster.

CEO says another very disruptive product introduction coming soon. It will replace a current product. Broad industrial applications.

Starting to add more account sales managers.

Still no competitive response for laser scanner. Great patent protection here.

Cash will be used for acquisitions if they find the right opportunity.

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