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No. of Recommendations: 1
What makes you continue to hold FARO?

I personally think they make a great product, have established a moat for many of their products, and there is excellent growth opportunity. I believe they fell on their sword while changing from a small owner/CEO mom&pop company to a world competitive multi-million dollar corporation. They have hired new people in key positions which I believe will eventually complete this transition. In the interim they have managed to destroy a large chunk of shareholder value. However, I believe it will return maybe FY07 and we will see the growth begin which originally attracted TMF interest.

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