Hi, I am into Race (thus agreeing that it is a good investment), and watch the Race thread. I would say just look at the potential, the new management, the earnings projections. Here is collection of relevant posts where some facts can be found,
azstarnet.com
Most of the referred posts are from Race-longs, but fact is fact. Now Race's own web site contains the specs etc of their latest product (premiering at Demo '97),
datarace.com
There is an estimated 1-1.5 million shares to get on the market, the rest will be held for a long time. With such a thin float, with launch of new product and customers, the chart I think is almost meaningless. The EPS estimates for July 1 97 to June 30 98 are $1.50, but are very conservative and were made in october I think, before it was known how well product was received. Recent earnings lousy, but this is a turn-around company with new people and products. Feel free to inquire and be critical on the Race thread.
Both VFI and RACE made it as Demo '97 premiere product, but I dont know who made it as best-of-show? anyone know?
Niels L |