Stich - A few more thoughts and questions
First, you state that your friend was allowed to leave. And, you state that he is one of the smartest technologists in the head arena today IYO. Why did he leave? Likely, opportunity. And to assist the company in its LONG TERM strategy. Again, the Company has readily admitted that they made some short term mistakes. But they are not in the 9th inning by any means.
Second, what would it take for you to turn bullish on RDRT?
Lastly, the outlook for RDRT is actually improving. The Co stated not only on the CC, but several weeks later at the H&Q show that calendar Q2 revenue should be at least 10% greater than calendar Q1. These trends should continue for at least 3 more quarters assuming the improving outlook continues. Thus, the Street is likely to trade RDRT higher once this panic selling ends for several months. Perhaps the Street will re-panic in January 1999 if RDRT does nothing to re-affirm their leadership position and the WDC/IBM pact looks deadly. For now, the path of least resistance will soon, IMO, be higher. |
