Arrow,
Thank you so much for your outstanding review of yesterday's conference call and for taking the time to share it with us.
The results of ODSI's quarter look outstanding. True to management's word, they produced what they said they would, plus a little bit more. I remember, shortly after last quarter's results, you posted that you were disappointed, given management's optimism for future quarters, that analysts and the investment community did not reward ODSI as you anticipated. I recall writing, that I thought that the analysts would reward ODSI's stock if and when they produced those anticipated results. There is no doubt now that they have produced as promised. Hopefully, the skeptics who did not buy ODSI last quarter, will be buying in now. Three months ago ODSI was at 5, so it will cost those who waited for the actual results, more than 40 % for having waited.
As for your's and their expressed concern of a possible slow down resulting from Y2K worries. Tuesday's pronouncement by Intel, during their conference call that they have not nor do they anticipate an order slowdown because of Y2K, will go a long to dispel said concerns. I think this statement went a long way in relaxing investors and I don't think the issue will be as strong a concern going forward. However, I was impressed that ODSI still remained cautious. It showed me that they were still in a conservative posture. Evidently they recognize how important it is to maintain good credibility with the investment community.
Regards,
Jules |
