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Strategies & Market Trends : InvestRight - Short Term Trading St

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To: Andrew H who wrote (742)1/25/1999 2:41:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 939
 
The company is definitely looking into a name change and I believe the adoption on a new symbol as well. The meetings that I attended were open to investors but there were additional meetings occurring with potential acquisition candidates. That is to say that PCS and RDIM were not the only companies represented at the meeting. The potential for further negotiations and acquisition/roll ups seems very high to me from what I think was going on.

In fact the RDIM principals are still in Las Vegas until Wednesday where I hope continued negotiations are underway. I personally asked John Folger and Ann Jameson how soon we could expect to see the demo site and hopefully a name change. The response was that the company was much more concerned with implementing it's business plan at this point in time. Their concern was that we as investors will ultimately be more interested in seeing real progress in the business plan. Personally I agree that this news will be much more important than the opening of a demo site and a name change alone.

It's going to happen but I'm not certain exactly how soon.

Regards, Jeff
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