| An SI Board Since September 1997 |
| Posts |
SubjectMarks |
Bans |
Symbol |
| 1438 |
9 |
0
|
DODV |
|
the recent announcement by radius inc that the sale of half of their splash shares has retired all long term debt(21 million dollars), completes the financial restructuring that took several years. what remains of this storied company is a balance sheet with no debt and approximately 70 cents worth of equity. what attracts investors to radius currently is the ability to quadruple ones money within the next 2 years. while the company is stigmatized with supplying traditional product for the macintosh platform like monitors and graphics accelerator boards, the company has recently announced several new cross platform products which have been well received, as weel as the product that could lead them onto a new growth path:photodv. photodv captures still pictures from digital camcorders with super high resolution utilizing firewire technology. it appears that radius has a jump on competitors with this product and the press reviews have been exceptional. with its finances firmly organized, and with a completely new slate of top management,current shareholders are sitting back for new products to drive new growth in earnings and profits in the next several years. with the stock currently trading at the ridiculous price of 53 cents, new shareholders are wondering what is currently holding this stock down. after new products start to put the company on the map again, it would seem that investors will wish they bought radius stock way back when.
|
|
|
