SILC - Silicom: A Victim Of Long Sales Cycles

Silicom Ltd. (NASDAQ: SILC) has a long sales cycle which seems to exaggerate its stock price fluctuations. This is why the recent decline in revenues has translated into such a massive downside. In my view, this is SILC’s most significant issue. You see, in my experience, great investments typically have relatively short sales cycles. Conversely, stocks with long sales cycles don’t tend to scale well and always face the risk of losing one single big client that represents a significant portion of total revenues (SILC is a perfect example of this). Furthermore, SILC’s potential