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The Company is a supplier of a range of integrated systems, modules and components serving light vehicle, commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets.
This stock is currently too high considering the exposure to the Heavy-Duty truck market which is going to have a very bad year after an incredible 2006. It won't be offset by the Light-Vehicle market which is pretty flat right now. This is a cyclical stock and I am waiting for the opportunity to get back in under $15.00 which should happen after a few more bad quarters of poor year-over year comps. Nobody seemed to notice in the most recent earnings announcement, but it always happens.
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