re: rdf
Who says your wrong? Mr. Market. Is Mr. Market always right? I`m with you Wombat as i`ve held a few for a few years and in hindsight should have sold `em 12 months ago. Trouble is hindsight is a wonderful thing but we all have to make a descision on the information available to us at the time and live by it.
FWIW the RLC/SPEED side of things seems potentially larger than it was 12 months ago. RDFs place in the scheme of things is clearly no. 1 in the U.S.A. Check out the trading of Nestor of late.
The contracts won since 1/7/2005 add up to some potentially good numbers.( Understatement ) A third installation team should be in action by now. Revenue and profits no doubt are steadily rising. I`ve always liked the presentations showing this. More states are coming on line. I believe Florida is around the corner.
On the negative side the Comms division is a joke. Somebodies "theoretical experiment farm " which will never turn a dollar. Management appear too attracted to it. The experiment should be terminated along with the cheif scientist. As the traffic side of things grow Comms will steadily become a smaller and smaller pimple.
In short. I`m sick of waiting too but i`m still 100% convinced the outlook is bright. How long can we afford to wait while Mr. Market catches up?
Just remember Buffet is prepared sometimes to wait years for the Market to catch up. We`ve only been waiting 12 months. Is`nt it a bugger when you know your right but the market disagrees?
RDF Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held