Stitch - I am not touting RDRT. In fact, I do not care if you or any other contributor is either long or short. I merely post the FACTS.
Second, the stock is indeed down. However, as an asset allocator, my time horizon is NOT one week or even one month. At 12, I believe that RDRT is a compelling buy. At 9, the risk/reward ratio is very favorable. Sure, the stock is under pressure.
My point, however, is that "the street" was not focused on the demise of RDRT prior to the WDC/IBM deal. My belief is that although this deal is seen as negative short term, it may actually strengthen RDRTs relationships with other buyers and ultimately be a LONG TERM positive.
Third, RDRT has taken requisite steps to improve cycle times and improve its staff, as evidenced by Dr. Re and the other guy.
Fourth, the Company was very well positioned at the 2.1 gig/platter arena. And, the company arguably blew it at 2.8 for now. However, 2.8 is going to be a short lived program and 3.4 is around the corner. The door is wide open here.
Fifth, the historic risk/reward ratio for RDRT is very favorable at present. The only reason the stock is at a multi-year low is due to the issues which you present. Would I short the stock now, hell no!!
Sixth, my presentation has been factual. My sources credible. In fact, I suggested that a 2.8 qual was near and maybe even a 3.4 WELL BEFORE YOU.
Lastly, go to the library and figure out net asset value. Then get back to me. Good luck... The STUD!!! |
