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My former colleague, who is the COO at Ferris, just informed me that they are looking to sell excess capacity. This usually indicates lagging sales
My former colleague, who is the COO at Ferris, just informed me that they are looking to sell excess capacity. This usually indicates lagging sales and a company's need for additional cash. Ferris wants to sell 100 units (x1000) of capacity used for the Future product line. Each unit of capacity is worth $5 plus $3 per the automation rating. I also know that Ferris is offering a 47% discount on capacity purchase
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