Telstra and Bigpond are selling heaps of NTC's 3G router, and NTC thmselves have advised the market that they have received follow-on orders from the initial $10.5M one.
I wrote a while ago that growth from this business alone should have a multiplier affect on NTC's 08/09 revenue. However, I don't think the market has priced that into the shares at this stage.
I realise it is very difficult when you have a customer who want deal privicy, but gee it would be good if NTC could explain to the market just how positive these forward numbers are looking.
Buy more and wait, I guess.
S
NTC Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held