"We think these companies are so cheap that you don't have to worry about product pipeline," he said.
This year the company's total revenues will probably not top $60 million, but the product pipeline is filling up.
Idea generation in some cases fuels the product pipeline.
"There is clearly a big product pipeline coming up."
What is in the product pipeline will no doubt maintain the momentum for at least several years.
Black powder is a solid contamination in finished product pipelines.
But some analysts say it needs to buy more since its own product pipeline is weak.
Both measures of price pressure in the product pipeline have now fallen three consecutive months.
Then, the product pipeline starts to hit in areas we need it.
The sales and earnings growth was so strong that investors quickly decided nothing in the company's product pipeline could keep up the momentum.