GET THE WORD OUT!! NEW WEB SITE.
Not a lot of activity on this thread. Even though TRDX has doubled since May, it's STILL very cheap - PE = 4, no debt., 15 Mil cash, new contracts. Volume has picked up substantially since stock hit $5. Remember, the stock hit its low, around $3, because the company split off one of its divisions, distributed stock, and repriced TRDX, not because of performance. The 3$ price was a joke - hence the 100% return in 4 months. Once this gem really becomes discovered, it could be off to the races.
TRIDEX has a new web site. Check it out. Below is a copy of THEIR company profile from the site.
www.tridex.com
Tridex Corporation generates value for shareholders by developing, acquiring and growing companies. Our financial performance is
reflected in a strong balance sheet. With approximately $15 million in cash and cash equivalents and no debt, Tridex today is composed of
its Ultimate Technology Corporation subsidiary and the Tridex Ribbon Division. Through its Ultimate subsidiary, Tridex provides high
quality, point-of-sale (POS) solutions and peripheral devices used in many niche retail applications including convenience (c-store), fuel,
home-centers, automotive-parts, hardware, theater, grocery and other transaction-based markets. Tridex's leading products include POS
terminals, Series 500 Specialty Keyboards, PD Series Customer Pole Displays, Pentium-based Booksize PCs and Touchscreens.
Tridex's position today reflects the culmination of a process initiated in November 1995 with the restructuring of its printer operations via
the formation of TransAct Technologies (NASDAQ/NMS:TACT). In August 1996, 20% of TACT was sold in an Initial Public Offering
and, in March 1997, 5.4 million shares of TACT common stock were distributed tax free to Tridex shareholders on the basis of 1.005
shares of TACT common stock for each share of TRDX common stock owned.
Tridex has a strong financial position at June 28, 1997 with $15 million in cash and cash equivalents and no debt. The Company's growth
strategy is focused on the continued development of products that broaden and extend the business of Ultimate, while pursuing strategic
acquisitions, joint ventures/alliances and other transactions that serve to complement or expand upon its existing products and markets. With
its financial resources, combined with the experienced management team and sound corporate infrastructure already in place, Tridex is well
positioned to aggressively develop its current businesses and to make appropriate strategic acquisitions. |
