The following email message was sent to me. I feel it is appropriate to share this information with members of this thread. The author did not want to post this on SI under their name for the reason listed. Anonymity is being respected and the excerpt is below.
Andrew,
>
> I wanted to make negative comments on couple of
>stocks you own. I decided to e-mail you because I am not
>interested in these stocks, so I don't want to post
>my comments on SI discussion boards.
> BYDS - I was interested in this company last summer.
>My concern with it is that big (?) part of sales were
>going to Japan which is considered very fickle in its fads.
>My broker uses the rule of thumb that any sales to Japan
>last no longer than 6 months. Also he said that another
>broker in their branch - a true hotrod fan - did a DD on
>BYDS and thought that they had limited market niche.
>Anyway, BYDS at $5 is looking better than BYDS @ $11.
> Take my comments with a grain of salt - they represent
>my ideas and limited knowledge.
My response:
Thanks for your input, it was appreciated. Do not be reluctant to post this to the Stock Swap, BYDS, or any thread since it will not offend me. This is an open forum and all information should be shared even if it is contrary to the original post. You bring up valid points and concerns.
As far as BYDS is concerned, I cannot disagree relating to Japan. What I see in this company is now starting to take off. First, it was mostly a West Coast and Japan venture as you highlight. Their manufacturing capability and capacity limited their market. The added manufacturing capacity and capability would allow and does allow BYDS to go after new expanded markets. The East coast is a huge market that they are penetrating as we speak. Today's announcement relating to international sales shows BYDS trying to get into the South American market. I am willing to concede the Japanese market but believe the other geographic markets they have opened or are now trying to expand into will more than offset Japan. Again, my timing was off and I agree that BYDS is a much better stocks at 5 1/8 than at 6, 7, 8 or your 11 figure.
I am taking the liberty of publishing your message to me without your name on both the Stock Swap and BYDS thread. Feel free to speak your mind on either thread and share your comments. The worst thing that will happen is that a lively discussion will take place and a great deal of information and opinions will be shared. Besides, my personal hitmen are vacationing in the Carribean for the next few weeks<GGG>.
Thanks again for sharing your thoughts.
Andrew |
