Is reg approval really a fact of life? AGI's peers (and I don't just mean ALL) don't seem to regularly trot that out as an excuse for missing their numbers--I'd be interest if you can show me other equipment suppliers that have this issue to the extent it impacts their results. Perhaps reg approval is a fact of life (I've got no idea) and all equipment suppliers have the same issue but the fact remain AGI's peers don't seem to miss their numbers because of it. Maybe AGI's peers have plans to effectively manage those delays in a manner that doesn't hurt their numbers, but as I said this has been a consistent excuse used by AGI over the past 10 years and I don't see others using it so you'll have to forgive me for suggesting AGI is completely inept at managing an issue that "is a fact of life".
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