KV- Interesting comments. I appreciate your input. As a matter of fact, I appreciate any input. Could you be more specific? I know old management had problems, but I don't think new management (Since 1/96) has had any problems, other than the typical growing pains of a small company. Gary Glatter resigned, but was probably asked to leave. A very POSITIVE and NECESSARY move for HERC. When Steve Carl joined HERC on or about 11/1/95, he knew the company was in trouble. He stated, 'the company had a product but NO CLEAR CUT DIRECTION, and was in a state of DISARRAY. Interesting, but honest comments from the CEO.
Since you're in the H20 treatment business, have you had the oportunity to see, or work with HERC? What problems do you think the company has with its product? Are you talking Consumer Products, Agricultural, or Industrial? Are your comments directed towards the unknown, or some facts that you have encountered in your profession? I think the obvious key to HERC is EARNINGS. HERC continues to grow, which is a positive sign for any company. Your comments about HERC being a risky stock is true, but if the company wasn't increasing revenues, and decreasing losses, than I would tend to agree with you. HERC is risky for numerous reasons when compared to IBM and any other blue chip stocks. But if HERC's products are for real, than the company should grow at a fast pace and so should the stock price. The potential percentage returns from this growth can beat any blue chip.
When I mentioned products, I'm mainly talking about the INDUSTRIAL PRODUCTS DIVISION. The Agricultural and Consumer divisions, are bonuses. Too much competition in those areas. The Industrial Products Division should be the true GEM in this company. I have a friend that should be attending the shareholders meeting August 4. He is a very knowledgeable investor and is not afraid to raise any issue to the forefront. He's a big player in the market with a HUGE following. Takes his investing VERY, VERY SERIOUSLY. He's not afraid to say like it is.
I would like to hear any criticism before he attends, so he can ask
management.
Thanks again for the comments |
