today with young mr. Roy Zisapel (29), rdwr's ceo ,in israel's Globes business daily. here are some important points:: 1. the new product is not replacing any current product but expanding the lineup and integrating rdwr's products on a new, faster platform. 2. it takes a very different approach than aton's and arrowpoint's products. Mr. zisapel says the new product's target markets are different. aton and arpt products are targeted on big telecoms and ISPs. rdwr's product is targeted on e-commerce sites,telcom applications users, organizations etc. he estimates this market segment's capacity will be more that 1 bilion $ in 2002. "there is enough room here for us and all the competitors" he says.
3. regarding this qtr's report he says: "were not playing with the money. we have 130 mil $ in cash and we are getting intrest on it. we are a company with a positive cash flow - not a company that 'burns' money. this financial strength is allowing us to look for new ventures"
Is it because it is based in Israel? Is it because the American Public somehow distrusts Israelies? It is very frustrating. You figure with the recent events, RDWR should be up, certainly not down. Same thing happened last quarter.
The only time RDWR goes up is when there is good news about the general sector. So the questions is why am I holding onto this POS? I am at a loss.
Hojo, When the stock is running, you tout how great of an investment this company is on not only this board but others. When other peoople question the stock, you have remarked (something to the effect)I know this stock and it is going up. Know when it struggles because of day traders you cry you don't understand the stock and in fact it is a POS. I am frustrated as well, but do believe we will see our day. Do yourself a favor and do not get some emotional about the day-to day activity. Try not to make assumptions that the fact it is an Israeli stock is hurting the performance. Lastly, do everybody a favor and stop posting useless ,emotional statements.
market today is a POS. all across the board. read the news - if the american economy grows - theN grinspan will raise the intrest and the market will fall. if the economy slows, than the major companies will have bad reports, below expectations, and the market will fall. its a lose-lose situation, and israel has nothing to do with it.