Ann: ResMed to Acquire Brightree, page-29

Your assumption that I only read positive and optimistic commentary about companies I invest in, is wrong. Negative or pessimistic comments are often very useful, and sometimes even necessary to reveal the truth and to prevent new/ill-informed investors from getting carried away and investing in dud companies.

Basically, you have written a lot of words to publicly express your doubts and fears without acknowledging that you have given serious consideration to the details in the article. Your excuse is that the article doesn't have enough information about Brightree and its value to RMD, but the article clearly states that RMD are currently using BT software, so surely RMD would have gained insight into the potential business advantages of owning BT? A previous post raised another valid point - that once RMD buys BT, they will no longer be able to sell their software to RMDs competitors. Only a fool would assume that the only benefit of owing BT would be in better billing and general correspondence.

I wonder how serious you are about RMD when you say that "one company (RMD) does sleep disorder and the other (Brightree) does software" You even liken these 2 coys to plumbers and electricians! Are you really that unaware of the importance of well designed software and efficient IT communications, in the competitive business of sleep disorder diagnosis and treatment?


If you are posting on a public forum and expressing negative views that appear to be a very well thought but are actually generalisations (coys that make big purchased usually fail) and neglectful of basic research (the imprtance of software to RMDs business), then you shouldn't be surprised if someone thinks you are in favour of shortselling.

I too have a considerable holding in RMD and have held them for over 10 years.