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Technology Stocks : Tridex Corporation
TACT 4.710-0.4%Oct 31 9:30 AM EDT

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To: Dan Lisman who wrote (23)8/20/1997 10:44:00 PM
From: Richard Rose   of 49
 
The thread has been dead. But the stock has not been. I bought in at 3 last may. Now around 5. 60% in 3 1/2 months. Not bad as far as I'm concerned. Be patient on this one. Its not the type of stock that moves quickly. Its a cheap value stock. As long as they continue to get new contracts, which is the cause of the recent bump up, the stock should continue a steady clime. Once it maintains a price above 5 TRDX could get the attention of value fund managers. If that happens the added volume will help the upward move as well. This is the kind of little stock they like to discover. Balance sheet strong, low PE. Everything hinges on increased sales at this point.
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