i really need to mirror coppertop's comments here.
reading between the lines here, management are more than confident they can build some real value back into AJA. and this isn't just driven by cranky shareholders like us.
eric lucas holds a truckload of these - he would know better than anyone else whats possible and IMO if he felt it wasn't worth the effort we would have seen management cop out and sell AJA out from under all of us at a steal.
im not holding right now (for reasons of personal liguidity, not because im waiting for a cheaper price in particular) but i really think AJA can and will in time provide some substantial rewards to its owners.
as far as i can tell, AJA dont have any immediate need for a CR and thus managements comments today. by all means do a CR once the SP has recovered somewhat, but it will still only be serving to accelerate the deleveraging rather than be done in a desperate bit to stay solvent.
AJA Price at posting:
$3.50 Sentiment: LT Buy Disclosure: Not Held
