iRobot Corp. Message Board

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Technology Stocks : iRobot Corp.

IRBT 3.180

+3.2%

Oct 31 9:30 AM EDT

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To: Roger W. Bowen who wrote (57)	3/22/2007 4:06:35 PM
From: deeno	Read Replies (1) of 88

"For the same reason I buy any stock. I hope to make some profit on it." goes without saying i guess. I was really asking you why you thought investing money in this company might actually lead you to a profit. "but I see a sizable market for their product(s). Particularly in the law enforcement and military applications." any size thoughts? One of the reasons the stock traded considerabley higher then the current price is that the anticipation of the consumer side potential was huge. ROOMBA in particular had high hopes. This has borne out to be a good size diappointment. the govt side of the business was suppose to be the safty net of reasonalbe sequential growth if the consumer side fizzled. So now that the consumer side has stagnated your left with the safty net. Dubious value if your banking on the govt side. Face it, what do you know that the insiders dont? They have been selling huge amounts of stock over the last year. Think they know of big govt contracts coming down the pike ? Even if they thought they had BIG contracts and potential they would have curtailed the 10b5 programs months ago. Suffice it to say they see nothing "unusually" good. Just wanted to know if you knew anything about the company or get an your opinion if you had something specific that you saw. disclosure--- long the stock

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