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Technology Stocks : Remedy Taking a hit why?

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To: Jonathan M. Traxler who wrote (590)8/10/1998 6:57:00 PM
From: VALUESPEC  Read Replies (1) of 763
 
I picked up some RMDY recently just over $ 13.00. They have some new products out and, I believe, increased R&D which made last quarter's numbers look worse than they might otherwise have looked. They are a leader in their field, though their field is currently under attack by the likes of IBM for the first time.

I'm still not sure this company should be given up for dead, and the recent stock buy-back could help keep the stock price up. If it doesn't, I expect to sell out fairly fast.

RMDY: $ 12.88b $ 13.00a

VALUESPEC
valuespec.com
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