The Company is a supplier of equipment used in the global papermaking and paper recycling industries and also a manufacturer of granules made from papermaking byproducts.
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If there's anyone left who thinks, or wants to hope that technology will end its galloping quest, such will find themselves being mocked Simon-style---the often snide talent judge on American Idol.
What happend to my type of television? Has television a valuation bubble similar to the dot.com era?
Because i was just reminded of some ridiculous Buck Rogers' scenes, (a long ago pop-culture comic book, radio and film hero) i answer that question this way: No ! Television is safe from a dot.com type bubble. It is doing what it should--- pitch at targets. By using television's 50+ year history, it is easy to believe technolgoy will not cease.
Kandant (KAI,) will not be left behind for an indifferent attitude toward technology. Yes, KAI struggled from 1998 to early 2001. And has mostly moved sideways since 2001.
But along came China and along came their needs. China needs more than Coca-Cola. Next time your filling up your paper cup with Coca-Cola think paper ! And think brown paper. Like the brown paper (cardboard) in which that cup was shipped.
In fancy terms, part of the process of profitably shipping such items is called "stock preparation equipment.'
KAI's whole business model, as we are told by analyst, conference calls has changed.
Acquisitions, sales, management, cash flow are positive aspects of this corner-turning company.
And those things are reflected in its 25% growth since last reported----(Value-Line.)