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Granted that INVX announced disappointing results for the quarter ending 12/31/00 (which the company attributed to a slower-than-expected-rampup by one of its key customers that was resolved this past quarter) and has preannounced disappointing results for the current quarter ending 3/31/01 (which the company attributes to current economic conditions). Granted also that the company is in the midst of a $20 Million manufacturing capacity restructuring. BUT...

(1) to the extent that the company is suffering from current economic coditions, it is not alone; (2) the business outlook for this company appears to be very promising--note, for example, the company's announcement of licenses of its propritary flex suspension assembly (FSA)technology--most recently to KR Precision, and (3) the company has announced that it expects to save $10 Million/year as the result of its restructuring--not a bad return on a $20 MIllion investment--only a portion of which apparently is a cash investment.

So why the continuing drop in INVX price? Who is selling this stock at these levels? Is there something about this situation that I am missing?
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