715073--11/26/2008--WEGENER

related topics

{customer, product, revenue}

{property, intellectual, protect}

{stock, price, operating}

{acquisition, growth, future}

{stock, price, share}

{product, market, service}

{product, candidate, development}

{loss, insurance, financial}

{condition, economic, financial}

{competitive, industry, competition}

{capital, credit, financial}

We may not have sufficient capital to continue as a going concern. The recent volatility and disruption of the capital and credit markets, and adverse changes in the global economy, will likely have a negative impact on our ability to access the capital and credit markets. We are in the process of examining various strategic alternatives to enhance shareholder value, which is ongoing, but such process may not result in the achievement of the desired goal of enhancing shareholder value. Our future operating results are difficult to predict and may fluctuate materially. Our fluctuations in bookings and revenues affect our ability to borrow due to collateral advance formulas on our credit facilities. In addition, our credit facility imposes debt covenants and maximum borrowing limits. We have in the past experienced delays in product development and introduction, and there can be no assurance that we will not experience further delays in connection with our current product development or future development activities. Our lengthy and variable qualification and sales cycles make it difficult to predict the timing of a sale or whether a sale will be made. Our customer base is concentrated and the loss of one or more of our key customers would harm our business. We rely on third-party subcontractors, certain suppliers and offshore manufacturers. Our intellectual property rights may be insufficient to protect our competitive position. In addition, our pending or future intellectual property applications may not be issued. We may not be able to license necessary third-party technology or it may be expensive to do so. In addition, claims that we infringe third-party intellectual property rights could result in significant expenses and restrictions on our ability to sell our products in particular markets. Competition in our industry is intense and can result in reduced sales and market share Our business is subject to rapid changes in technology and new product introductions. The Nasdaq Stock Market may delist our securities, which could limit investors ability to trade in our securities. Our stock price is subject to volatility.

Full 10-K form ▸

715073--11/26/2008--WEGENER_CORP