Leo, I'm not on board yet. I might dig the background of the company over this holiday weekend. The short term perspective of company does sound very attractive.
Just read WSJ's briefing book on ROMT, very cute...... : )
"RomTech, a provider of consumer, educational, and business software, is cashing in on the rapid expansion of the PC universe. Targeting home and small office computer users, it offers products under the Galaxy of Games, Galaxy of Home Office Help, and Galaxy Deluxe names -- typically for less than $20 each. The firm is trying to develop brand awareness, so consumers associate its name with consistent quality. RomTech uses contractors to produce its software, and distributors (Slash Corp. markets 35% of its products), direct mail, and computer trade shows to sell its products. Distributors market to megastores like Wal-Mart, Computer City, and Office Depot in the US; its software is also sold in the UK and Japan." ......
"Fiscal Year End: June Sales Year: 1997 Sales ($ millions): 4.5 1-Yr. Sales Change: 45.2%
Employees: 33" |