David, if I came across that way, sorry. I was just horsing around.
What I found impressive when I first read that thing, is that they have sold that many cameras. And I do not believe that includes their military stuff. I am pretty sure that is strictly civilian systems. Most of the old timers in the IR business have been around 25 years or so, that is 20,000 cameras a year. And until recently (past 3 years) the systems were extremely expensive.
I read their 10q’s when they come out, and up until this last quarter FLIR was killing it. I am not sure what kept their stock so cheap. During the really bad quarters of the economic downturn they were putting up revenue gains in the 70% year over year range. Their last 10q mentioned something about less demand for their predictive maintenance products, and the recent strength of the dollar. I am not sure if that is the entire market or just because of more manufactures getting in to their turf.
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