Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
I have followed this stock for sometime. To me, it has always been a matter of timing.

The systems they install at Major League / NFL / NHL / NBA Venues run in the multiple millions of dollars.
They are usually delivered and installed in a short period of time before the season.
I'd asume the bulk of the revenue comes in once the systems are installed, so a small scheduling problem or bad timing can easily move millions of dollars from one quarter to the next. If even just a few jobs move from one quarter into the next, it could have a HUGE effect on earnines and revenue. I've always focussed on the backlog, in this type of unique manufacturing / construction environment, I think that looking at a combination of revenue and backlog give a more useful look at the strength of the bussiness.

I'm moving some money around monday morning and looking for a buying opppurtunity as I'm guessing it will drop a little more and stay flat until a few big NFL or NHL Contracts are announced next month for installation this summer.

Scott
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement