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WIKI ANALYSIS
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- Precision Instrument Industry
- Wanted Companies
- Agilent Technologies (A)
- IShares Russell MidCap Growth Index Fund (IWP)
- IShares Russell MidCap Index Fund (IWR)
Management receives low relative cash compensation and has experienced low turnover. They do receive 'below average' amounts stock options.
Anecdotes
An anecdote may best convey the sense of precision. In a demonstration from 2004 a NATI circuit was used to determine when a person was touching a table saw. A hot dog was used instead of a finger and was placed on a 2x4. As the saw cut through the wood, it was business as usual. And when it got to the hot dog a mechanical break was thrust into the saw leaving only a scratch on the hot dog.
Many industrial processes generate substantial heat and moving parts sometimes collide with the controller. To demonstrate a products temperature and pressure agility and the strength of the remote wireless system a test was done. The NATI virtual instrument was set and currently running a production line. The products was tied to the hot end of a rocket, which was fired several stories into the air. The rocket crashed into the ground and was damaged but the production line continued to run.
References
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