Replies to post #126133 on ORIONS Money Stocks

[TDB]

TRID - Some DD

Did anyone get in this one today when I posted earlier? I still am not sure of their long term ability, but the news today was promising. It coincides with a couple of conferences (Japan & China) they are at per their website. Some facts:

- No debt. No interest.
- Over 2000 patents and increasing.
- Opportunity to increase sales in CHINA per PR. Population more than 1.3 billion.
- JAPAN TV market is significant. New contract Today per PR.
Entering new markets in China, Japan, India, Germany, Middle East, and Korea.
- Cutting costs
- Management says they are comitted to return to profitability before end of year
- Bank of America signed a new credit facility with TRIDENT worth $40 million few weeks ago. I have to believe BOA thought their books were clean. They haven't used any of the credit.

Todays PR

Trident's Set-Top Box SoCs Are Selected for China's First NGB Trial Deployments
http://biz.yahoo.com/prnews/110324/sf70858.html?.v=1

Hisense Selects Trident's Connected DTV Solution for New Connected TVs Targeting the Japanese Market

http://biz.yahoo.com/prnews/110324/sf70859.html?.v=1