Bullish
$XONE how did the revenue expectations for 2019 change so quickly in a span a 3 months since their last earnings call? 1) capital investment and purchasing decisions are being delayed due to macroeconomic factors like trade war, 2) backlog is increasing and not being recognized as revenue in 2019 and is being pushed to 2020 - backlog increased from 12M at end of 2018 to 26M at end of Q3. Most of will be realized in 2020. 3) customers are probably waiting to buy the SMAX PRO and X1 25PRO instead of existing machines , just we all wait for Sep iPhone cycle even if we are need an iPhone a few months before that...So all of this points to a strong 2020 as these factors are transient...what do you think?
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