To: baddtiming who wrote (90967 ) 3/30/2000 7:19:00 PM From: If only I'd held Read Replies (1) | Respond to of 108040
How come I don't hear much about RELL from you guys? Have you all looked at the fundamentals of this company? The stock has been holding up pretty well during all this mess, I guess because it is reasonably priced. I beleive you will be able to get a 100% return from the stock within this year. Here's a little info I put together for Rande Is. I would be interested in knowing why there is no talk about the company on the thread in case I might have missed something. Spend some time with the links here and give me some opinions will ya? *********************************************************** I guess the best thing I can do is to provide you with the profile of the company and in there, you can research the share structure, fundamental ratios, and institutional holdings, etc. Same link will provide you with a link to the SEC docs. In 1999, the company bought back 2 million shares of their stock at 5.76 per share. They have already doubled their net worth on this position, proving a rather wise move on management's part. The profile is showing a float of 1.5 million shares with approx 32k shorted. If you review the earnings report provided, you will see that their main growth has come from RF wireless products. And that is just getting started for them it appears. I'll just give the links and let you guys decide. It is my beleif that this company is cheap, and that a breakout is inevitable. With such a small float to be traded, a significant breakout could actually turn into an enourmous breakout. The profie...biz.yahoo.com Earnings reported last week.biz.yahoo.com Also, they have just introduced a few new products to the marketplace.biz.yahoo.com biz.yahoo.com They also just recently inked a distribution deal with Seimens..biz.yahoo.com They are also just starting distribution of Tascam products....very big in the music industry. Tascam makes nice affordable equipment....take it from a musician...Ask around if you are unsure of my word. biz.yahoo.com So as you can see, they have a lot going on....and the stock has yet to reflect their recent acheivments in my opinion. They trade at roughly 1/3 sales and a PE under 14. Absurd for a company like this. They just beat earnings projections by 25%. Hope that gives you a good start. The stock is trading at near all time highs. Rather buy them than the beaten down stocks. My experience has been that stocks making new highs continue to make new highs....while trying to buy the beaten down can often lead one to sit on dead money for long periods of time. Take notice of the cup and handle formation in this 3 month chartfinance.yahoo.com