Question-and-Answer Session
Operator
(Operator Instructions) Our first question is from John Groover – Groover and McBaine Capital Management.
John Groover – Groover and McBaine Capital Management
I’m confused on the revenue guidance for the new year. The solar opportunity is huge this year even if I take away the disk drive and subtract and I assume everything else is flat, I get almost a $20 million increment in revenue and maybe you could comment on that as far as why you’re thinking of 10 to 20 instead of 20 to 30%. Is this the conservatism you showed in February with four months to go in the year you said that the estimate was 52 to 57 or a middle of 54.5 and you did 12% more than four months later in June? If we apply the same conservative fudge factor to you $67 million to $73 million to get to more like my $80 million?
John Dulchinos
I think we’re very bullish on solar, we believe it’s going to have a strong impact on the business going forward. It was a very modest part of our business last year. In fact it was in the 5% to 6% range of revenues so it had a fairly insignificant impact on our overall results. We believe we’ll do much better than that this year but we also have a number of other segments in our business that we don’t we’ll grow quite as aggressively as obviously solar will. Without speaking too much to the conservatism of it we would be disappointed if we hit the bottom end of our range but given what looks like an uncertain economic period coming up we just want to make sure that we’re trying to be pragmatic in terms of our guidance. Rob, you want to add something to that?
Robert H. Bucher
I think it’s also due to the fact that most of our orders come in on a 60 to 90 day delivery period. It’s very difficult for us to look past six months and we’re very bullish moving forward but again there’s uncertainty going into 2009. I think that’s where it came from, John.
Operator
Our next question is from Michael Tannenbaum – Linrock Capital.
Michael Tannenbaum – Linrock Capital
I just wanted to know if you could disclose the bookings for this quarter, if that’s available? Also I had a question regarding the outsourcing of the production of the Quattro robot? I know that you guys have been talking about that. I wanted to know if there was a timetable for that?
- To read the full transcript on Seeking Alpha, click here »
