Measurement Specialties, Inc. (NASDAQ:MEAS)
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The Company is engaged in designing and manufacturing sensors for original equipment manufacturers and end users.
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The Company is engaged in designing and manufacturing sensors for original equipment manufacturers and end users.
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MEAS's revenue (ergo its bottom line) is highly dependent on one large customer: Sensata (formerly a Texas Instruments division). Sensata's business, in turn, is under heavy price pressure from Asian competitors. I believe MEAS will do no better than muddle through from here on out.