I assume part of it has to do with the budget.
More Quotes from Cai Rumohr:
I think under other circumstances it's possible this is something the board might have overlooked,Cai Rumohr
This is sort of an ongoing dialogue, but for the moment investors are pleased with these numbers, given where their head was. Profits were good, cash was great, and the guidance was good.
Cai Rumohr
Spinning it off kind of just gives the problems to your shareholders, and a joint venture really doesn't do much for you. The optimal plan would be to sell it and use the cash to reduce debt.
Cai Rumohr
Execution is the story. It's not just what the orders are. It's what you can make out of them.
Cai Rumohr
In normal market it could get back to 60.
Cai Rumohr
I don't lose any sleep whether they miss by 2 or 6 or 8 cents. The concern is how this ends, do they come back as one team, or do they come back one at a time with an attitude. That could impact on whether you recover in the quarter.
Cai Rumohr
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