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An industrial technology company; designs and produces interactive, personal computer based, computer control systems and software and computerized machine tools for sale to the metal working industry.
Beaten down in sales, but they have managed to preserve their balance sheet (fairly cash heavy, $4 per share or 25% of share price). I still see Hurco growing faster than their peers going forward, especially once this becomes an earnings machine again based on economies of scale. If you believe the manufacturing sector will return, Hurco should shine. This is in my real portfolio.
I forgot to mention, Hurco will benefit greatly from the dollar's decline, as long as Euro and Asian sales pick up.
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