Hi Frank,
I did'nt hear the news. However, I feel very positive about the
company. The company is way under value at $4.00 price which
compares with over priced stock market. I don't think the company
will go under. The company has about 85% of market shares in fire
alarm. I believe if company is able to reduce cost, the company
can easily recover to profit. The company has more than $200
million revenue, but stock value is under $100 million. In USA,
there is not many business sell such a price. I think we just need
to be patient. The company will recover in two years. At that time,
you will see the stock will be more than $10.00. All the stocks I
own after several years have return to unbelieveable high such as
WDC(was $3, now $75) SCIS(was $6, now $50),
CHPS(was $3,00, now $18.00), ROST(was $9.00, now $48). AMD(was$9.00,
now $32.00). I hope I still hold these stocks.
All the stocks at certain time are under value, if one can take the
risk, Award can be big.
Thus, don't need to worry about it. Just keep in your mind the ALRT
is market leader in this sector.
Peter |
