Re: Well its good to be back!!!
in response to
by
posted on
Oct 18, 2010 04:50PM
Too long, I've lost track it's been dead money for a while now. I like the product, I like management but the industry is very slow to respond. There's another company trying to get a foothold but getting sales has been even harder for them to date. They've had a run up on share price and volume the last couple of days so it wouldn't surprise me if they have something to announce in the next couple of days.
For me the advantage that AMS has is that it has been installed on some 200 aircraft so they've been able to show prospective customers what it can do. The nice thing about this play is that it's based on recurring revenues potentially for the life of the aircraft. And, as you mentioned they have some strong partnerships. Will it pay off? Time will tell. Oh well, sit and wait and some more.