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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce
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To: Lawrence M. Koga who wrote (2570)7/7/1999 1:00:00 AM
From: Dave Gore  Read Replies (1) of 2994
 
I think RDIM is destined for success. Just may take another few weeks of basing and perhaps a few months before significantly rising. Why not just put the stock away and forget about it? Keep a modest amount in a core position and then add everytime it gets ridiculously cheap.

My synopsis is Folger and the management team are savvy, but they just underestimated the time involved in getting the audits done of the companies they hope to acquire. The PP also brought them a little negative selling, but on the whole not too bad. The gameplan is ambitious yet do-able. Stocks like this with lots of promise deserve patient investors.

There is probably a bit more selling to go before we go significantly higher. I don't think there is much doubt we will, but we all have to
ask ourselves how long we will wait. For me, I am probably giving it another year, but I will re-evaluate in the fall and again at year end.

After seeing TLTG and WLGS and even the seemingly doomed stock FTRK rise from the dead and become 5, 10 and 20 baggers, I think this stock has a great chance of eventually matching that performance, but if you watch it every day or week, you might get a bit frustrated.

Holding solid unless something breaks my faith.
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