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Microcap & Penny Stocks : RFIL - RF Industries Ltd.
RFIL 7.760+0.8%Oct 31 9:30 AM EDT

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To: WallStBum who wrote (14)7/12/1997 7:18:00 AM
From: PJM001   of 37
 
Sales have been growing for the last several quarters. I've seen them exhibiting at a couple trade shows in the last year or two. This past week they were exibiting at the Communications show in Miami Beach. I tried to go but was too tied up at work (it's a 4 hour drive for me). I think their wireless modems have a lot of potential, although most of the write-ups I see on the trade magazines refer to their connector division. Last time I talked to Don Catledge (who passed away a few months ago) he sounded very optimistic on the future of the company, mainly on the VHF/UHF products section.
I guess the last quarter numbers did not look to great, because of some charges they had to take. I'm sure things will improve by the next report. In the meantime, it might be a good idea to accumulate at $3/share.
Regards,
Pedro
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