Saturday, August 23, 2014

Seeking Alpha: Can 'Blocking And Tackling' Lead Accuray Higher?

The good news at Accuray (NASDAQ:ARAY) is that management has established a good track record for doing what they say they are going to do - the service operations are running much better, the multileaf collimator (or MLC) is on track, and the company's efforts to improve its sales strategy appear to be translating into orders. The only "but" is that none of this is all that flashy and the Street has a habit of getting bored with stories like this. I do think there is some upside to orders in CY 2015 if the MLC is released on schedule, but this remains an execution story driven by blocking and tackling and one where the realization of value could still take some time.

Read the full article here:
Can 'Blocking And Tackling' Lead Accuray Higher?

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