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Technology Stocks : Remedy Taking a hit why?

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To: Jonathan M. Traxler who started this subject10/27/2000 5:46:06 PM
From: Qualified Opinion   of 763
 
Looking at current news.

Attrition which stymied their accelerating growth was addressed in the conference call. RMDY will use incentives to address this issue. Furthermore, salesmen are back at a record level with some lag in reaching full productivity for the new ones. RMDY expects to have 330 salesmen on 12/31/2000, up from 302 salesmen currently. This cash cow can continue buying back their shares at current dirt cheap prices which increases the inherent value per share. There is a disconnect between the current stock price and its strong fundamentals which makes this a great buying opportunity.

Link to conference call:
webevents.broadcast.com

Link to earnings release:

siliconinvestor.com
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