Stitch,
A thrill ride, yes. RDRT has had a good 1st quarter (share price) once in it's history. Meanwhile, many were amazingly impressed by their $.02 gain in 4th qtr 1998. Much above estimates, granted but ,gracious me, this is an issue with a history of earnings disappointments, accelerating debt, loss of it's major customer, post earnings sell offs, GMR heads are an extremely difficult challenge to produce efficiently.
The move from $5.+ to $10.00 was justified. The move from $10.00 to $20.00 was nuts. $10.00 bucks and I cover. $17.00 and I cover. Like you say, a thrill ride.
As full disclosure, RDRT has always cost me money but I can't seem to shake it. Call it an addiction.
CPQ? Bought a bunch at $26.00 (going from memory). Wife wants a new kitchen. What can I say?
<<There is increasing demand for capacity in the corporate sector and nascent applications such as video/multi-media etc. >>
Corporate sector? Yes, absolutely but I prefer to be invested in data storage management (EMC) rather than data storage capacity. SEG, I bought a little bit because I might be totally wrong <g>.
Video/multimedia? I just don't buy it. Never have and I know I am not intellectually capable of explaining why. To my discredit.
Crazy after all these years,
Yogi
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