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Technology Stocks : RomTech (Nasdaq: ROMT)
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To: FRANK J CATALANO who wrote (271)12/31/1998 10:00:00 PM
From: Ed Ryder  Read Replies (1) of 427
 
So what do you guys think?

We're at $1.65. I think ROMT is going to surge ahead... in January.

Last January 15th, good earnings were pre-announced. A lot of shareholders sold into the news including that large investor Odyssy (is that how you spell it?).

Also, according to SEC documents, it appeared the company was facing possible delisting in late February of 98, or they would need to raise capital through a private placement. That uncertainty also helped keep the price down.

Well, here we are a year later. They should be reporting a strong quarter soon. That large investor still owns shares, but it appears they do not intend to sell near term?? (I'm not sure.) However, insider buying has continued and the company has begun buying back shares. They are financially stronger. New products are in the pipeline. It looks pretty good. Am I missing something?
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