RE: $$$ is being made in RFID..Eagleman thanks for that post..
One of the better ways IMO to see how the company you invested is doing is to see how the competition is doing...
Sirit is always going to say there the world leader yadayadyada..
we're the greatest thing since sliced bread...
But if the other RFID companies are rapidly gaining revenue like the example you gave 100% in one qtr..
Then theres Sirits ceo gloating how they went from 20mill to 22mill in two years..
This is the year Si and Mr Dawalibi have to prove themselves..
Impinj took a big one from them..
Hopefully Blues info on the 5 mill contract comes through..
and is the start of some GROWTH...
The last time this company showed anything was from 2002-2004..
Under William Staudt..
Sirit has not impressed me one bit in the last two years..
and obviously there not impressing too many other investors..
I have bought in 2004,2005,2006,2007...
But no more.
Its time I made some money on this dog!!!!!!
Bragging about 10% growth in 2years just doesn't cut it with MICRO MICRO caps..
With 170million shares outstanding.
Sirit claims to have the best readers..
Well they better start selling them!
Thats my rant for today..