GREY:RPBIF - Post by User
Post by
dimar66on May 06, 2010 3:06am
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Post# 17068144
Some thoughts
Some thoughtsI would really like to know more why revenues were so poor. It could be just that funding for the institutions that buy the Ramp readers have been caught by funding short falls, I think it takes time for economic downturn to wash through the system, many local jurisdictions are still reeling from tax revenue decline. The CLIA waver thing is kind of expected as the FDA has never speed up on our account, ya so of coarse it is late. Also it seems to me that stocks never sell for the right value but continually fluctuate between being over priced to being under priced. Because there is time and potential the odds are that there will be a turn around from this low. Interesting to see just how many shares Haywood have disposed of. Another example of share dilution in the POC industry is Medmira, given the circumstances RBM is a better investment. Don't know why they want W. Kay as a director, he should hold a position where he can be held responsible, or else.
dimar