Marshall,
Yes I would agree that as of late, openings have been pretty much as predicted. However, if I recall, earlier in their corporate existence, delays were more common. My understanding from the investment world is that many fund managers etc are not overly interested in RAIN because of the prior delays and therefore the more slowly growing earnings. The fact that I would happen to disagree with their analysis entirely doesn't change the perception. If my understanding is correct, I think 1998 will be the year of the RAIN if they keep schedule with their agressive expansion plans.
Even though there are some out there that don't care for RAIN for whatever reason, there are those who have never liked INTC, have snubbed there noses at MSFT and have completely missed the boat with the likes of Walmart, Blockbuster etc... Point is the person that needs to be convinced about the stock is the one doing the investing, and I for one am convinced this company is going to be a continuing winner.
On another note, I wish they would simply announce that they don't need a COO and save the money. Didn't you indicate that by default the position was essentially eliminated by now anyway?
Look for a potential double by year end, which of course, is simply my guess and certainly not an accurate prognostication. So don't bet on it! :) BTW, I expected RAIN to hit 40 by the third Friday in November, so my track record is not very good. Good thing I was out of the options well prior to the expiration anyway...and I had the Nov 30's. See even I don't trust my prognostications! <<gg>>
GO PACK GO!
-Scott |
