1289863--3/26/2010--SmartPros_Ltd.

related topics
{product, market, service}
{stock, price, operating}
{condition, economic, financial}
{customer, product, revenue}
{acquisition, growth, future}
{personnel, key, retain}
{property, intellectual, protect}
{investment, property, distribution}
Our quarterly operating results may fluctuate significantly, limiting the ability to evaluate historical financial results and increasing the likelihood that our results will fall below investors expectations, which could cause the price of our shares to drop. Our operations may be adversely impacted by general economic conditions and other factors. The industry in which we operate is highly competitive and has relatively low barriers to entry. Increased competition could result in margin erosion and loss of market share and brand recognition. Our growth strategy assumes that we will make targeted strategic acquisitions. If we fail to keep up with changes affecting the markets that we serve, we will become less competitive, adversely affecting our financial performance. Our future growth and competitiveness depends on our ability to adapt to new technologies and changes to existing technologies and new applications to meet market demand. Our future success depends on retaining our existing key employees and hiring and assimilating new key employees. The loss of key employees or the inability to attract new key employees could limit our ability to execute our growth strategy, resulting in lost sales and a slower rate of growth. Our sales cycle can be long and unpredictable, which could delay our growth and make it difficult for us to predict earnings. This could lead to stock price volatility. Our strategic relationships are usually short-term, non-exclusive arrangements and our strategic partners may provide the same or similar services to our competitors, diluting any competitive advantage we get from these relationships. We may be unable to protect our intellectual property adequately or cost effectively, which may cause us to lose market share or reduce our prices. If we were deemed an investment company under the Investment Company Act of 1940, applicable restrictions could make it impractical for us to continue our business as contemplated and could have an adverse effect on our business.

Full 10-K form ▸

related documents
1289863--3/24/2009--SmartPros_Ltd.
911149--3/28/2008--MICRO_COMPONENT_TECHNOLOGY_INC
911149--4/2/2007--MICRO_COMPONENT_TECHNOLOGY_INC
911149--3/31/2006--MICRO_COMPONENT_TECHNOLOGY_INC
1000230--1/29/2007--OPTICAL_CABLE_CORP
1000230--1/29/2008--OPTICAL_CABLE_CORP
866787--10/25/2010--AUTOZONE_INC
912263--3/29/2006--TALBOTS_INC
1001115--12/7/2006--OYO_GEOSPACE_CORP
1017480--4/4/2007--HIBBETT_SPORTS_INC
1017480--4/13/2006--HIBBETT_SPORTING_GOODS_INC
1320482--2/15/2008--Discovery_Holding_CO
1058027--2/12/2008--STEELCLOUD_INC
1060390--12/21/2006--TWEETER_HOME_ENTERTAINMENT_GROUP_INC
717238--3/1/2007--MSC_SOFTWARE_CORP
356037--2/20/2007--CSP_INC_/MA/
1066104--3/10/2006--CORPORATE_EXECUTIVE_BOARD_CO
1090425--2/28/2008--LAMAR_ADVERTISING_CO/NEW
899045--2/28/2008--LAMAR_ADVERTISING_CO/NEW
758004--12/21/2007--NOVELL_INC
911148--3/31/2008--CADUS_CORP
65759--2/17/2010--MICROPAC_INDUSTRIES_INC
1037417--12/24/2008--IFTH_ACQUISITION_CORP
798736--7/18/2007--MANATRON_INC
911148--3/30/2007--CADUS_CORP
922612--8/14/2008--SCHMITT_INDUSTRIES_INC
708850--8/29/2007--DIONEX_CORP_/DE
1010305--12/18/2006--EN_POINTE_TECHNOLOGIES_INC
1160858--5/1/2008--TRUE_RELIGION_APPAREL_INC
350199--3/21/2006--CACHE_INC