The Microcap Kitchen: Stocks 5¢ to $5 Message Board

To: Jeffrey Beckman who wrote (107875)	5/15/2012 11:32:00 PM
From: Todmohr	Read Replies (2) of 111083

BFDI..In my view, this stock is as far from a sexy stock story as I can imagine. In fact, I view it in just the opposite manner..a boring slow train that keeps on chugging. People are going to violate the law in good times and bad, and BFDI should benefit from that in a recession or robust economy. It is not the next Google or Facebook, or whatever example one chooses to note. It is simply a company with a quality technology - not game changing or earth shattering - that produces steady revenues. I still allude back to EGOV...one of the most boring and unknown - but quality - stock stories of the last 5-7 years. No one I know has ever heard of them. Same thing..multi-year contracts with state and local governments..different technology. If BFDI ever trades at $5-$10 I bet most people on main street will still not have heard of it. Moreover, In spite of the legal controversy surrounding photo cameras, I like the fact that these decisions are made at the local government level, and thus though some states may not use the cameras other states will. IOW..I do not fear a piece of legislation at the federal level eliminating these cameras all together. Many driving related pieces of legislation are state by state - and even more local than that. Just my view.. Best Tod