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Microcap & Penny Stocks : Delsecur or Grandeur (GDER-OTCBB) DEL-ID for Ecommerce

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To: GERBER who wrote (338)3/1/1999 12:15:00 PM
From: Rob S.  Read Replies (1) of 384
 
GDER continues to fall - now back down to around 0.5. It will continue to drop, IMO as there will be no news to report and the company struggles with the reality of selling an unproven technology with no visible market support.

I believe the time to buy the stock is when they or their OEMs announce production commitments. If that does not happen by this spring, the chances of it occurring will be dim. The stock remains a gamble - if they secure a major commitment they will flourish on the royalties. But if they continue to operate as a research outfit devoid of the savvy to get the product into the market, then the company will go out of business within 24 months, IMO.

The problem of proving the product concept is viable for commercial markets isn't that difficult. One way to do it is to build the product(s) themselves and start selling them. The other way is to commit the necessary funds toward building units and doing extensive field trials. Hoping and wishing that a big company will get behind the device in a meaningful way, (beyond academic research efforts), is getting them no-where.
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