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Microcap & Penny Stocks : RADIUS RISES FROM THE ASHES (DODV)

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To: Richard Rose who wrote (1340)10/13/1998 11:16:00 AM
From: SHGLaw  Read Replies (1) of 1438
 
I think you are right on target. And Scott, I wish I could find something cheery in all this, but it's impossible to marvel at the pseudo-techno-significance of anything this company does when quarter after quarter it proves itself less profitable than my children's lemonade stand. I wouldn't care if Canon puts a picture of Housley at the top of its web page, unless he was unclothed and people would pay to look at it.

It's just the numbers. The stock is now at pennies pre-split. Does anyone in management realize this? Are they staying awake at night wondering how they have managed to kill this company at every turn? And you are right that better capitalized competitors will swallow up the market, if and when it ever materializes, since rdus can't afford to produce or market anything it has come up with, and has proven that with product after product for years.

It was easy to blame Chuckie Berger, who no doubt deserved it, but what of Housley? He's bet the farm on DV and still can't sell enough to keep the lights on. It cannot last forever, and the fact that no one wants to buy the tech tells us, friends, that it just ain't no big deal. The lights may be on for the time being, but clearly there is no one home.

SHG
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