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Technology Stocks : RadiSys Corp -- Ignore unavailable to you. Want to Upgrade?


To: dylan murphy who wrote (1460)7/1/2001 10:57:32 PM
From: dylan murphy  Read Replies (1) | Respond to of 1472
 
Just some thoughts. No real surprise that there was an earnings warning. With hundreds of companies already having done this it would have been a bigger surprise had RSYS not warned. Everyone in the telecom industry is in a world of hurt. RSYS seems to have done an ok job in keeping cost under control. Nothing like Nortel. Thank goodness. RSYS also taking steps to bring back profits. Cutting salaries of top people is a good sign for shareholders.

The market reaction was interesting also. Even one day and up the next. This may be a sign that a bottom is being formed. We will have to wait at least another quarter to know for sure. One now has to question why the company raised the 100 million dollars. We now have excess capacity and no need for more buildings. In a market downturn a wise company will pick up tech. at a bargain. This hasn't happened yet. They need to do that before things pick up too much. The net-net effect of the money is probably neutral but it would be good to put it to use.