RE: Annual General meetingThe meeting was good and I sensed optimism among employees, many who have been there for over 10 years. The company is watching expenses as the slowdown in telcom spending continues.
'We are all shareholders' was a theme in light of the shareprice which they can't control.
IMO, does the market sell shares below this .25 level? Probably. Are they a buy? Yes. I have no crystal ball, but I can't see IDC and Storm out of business or the shareprice at .30 in 10 years. Investors are not likely to bid the stock up any time soon but should be about as safe as a 'accumulate' as you can get.