Since I said I would not sell I think it only fair to post that I changed my mind when it snapped back a little. It is not that I love 3D less but that I think other opportunities are going to move a lot better before 3D starts improving. I do not see any significant movement in 3D share price until they post some earnings and show good reason to believe earnings will grow from there.
In the meantime I used the proceeds to buy Seven Seas Petroleum (SEV on AMEX), Parkcrest Exploration (PKC on Alberta) and US Technologies (USXX). SEV and PKC are both plays on oil exploration in Colombia. I have owned Harken (HEC) for quite some time and added to it over the years. One other "active" play at present is Racom (RCOM) a smart card IPO.
You've got to do what you feel is right especially if you've got a better place for the money. However, I'm holding until earnings or I should say sales numbers are reported for the Last quarter. SSYS reported today and they were flat. TDSC hinted at record sales which would indicate gain in market share. I can't believe that SSYS went up 15/16 on this poor report. I must be missing something. Anyway TDSC is selling at just over book value so down side potential should be minimal. Market cap is less than sales at about $70MM compared to SSYS with a cap of $60MM and sales of $30MM. Next week should tell the story.
I have received information about a new machining process in development by some machine tool fabricators called a "Hexapod". This process apparently will allow very complex geometry�s to be machined. Anybody have any additional information on this process and who is manufacturing this machine? How will this technology impact Rapid Prototyping?