LeRoy's schmaltzy and literary romantic melodrama, about a WWI vet who suffers from amnesia, was a huge
commercial hit due to Greer Garson and Ronald Colman's acting and the fact that it was released in the midst of WWII.
Echelon is now focusing its growth on «smart»
commercial & municipal LED lighting (although its fab-less chip business has apparently now stabilized after a long decline), and if the lighting business accelerates (and it could,
due to recent sales force hires and new products), I think there's a chance it can
hit a break - even annualized revenue run - rate of $ 40 million by Q4 - 2019 (pushed back from my earlier hoped - for timeline) at which point — assuming $ 14 million of remaining net cash (vs. an estimated $ 18 million at the end of Q2 2018) and 4.7 million shares outstanding (vs 4.52 million today), an enterprise value of 1x revenue on this 53 % gross margin company would put the stock in the mid - $ 11s per share.