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Replies to #593 on Research Pit

Waitedg

06/16/05 8:05 PM

#596 RE: Jagman #593

Jagman - I happen to like IDCO not as a trade, but as an investment. I would agree with Doubloon's comment, that with revenues coming in, it may well be "north of $2.50" in a year.

The Editor of Growth Stock Watch who is no dummy picked it out in the $1.50 to $2.00 range as his "2005 stock of the year." (He is likely not too happy with his entry point--yet his analysis is sound).

The 10Q stated that at the time of writing that revenues will be coming within the next three months. I think when the first order comes in, we will be headed for $1.50. I also believe that once the orders start coming in they will keep coming in.

Did my DD, plus have studied the DD of others. Very pleased here, but many have some short term retracement, for we got back from .72 to .90 in a hurry. Waitedg