According to the last conference call, liquidating RVST would be worth only $2/share or less (due to legal fees etc.)
Emation is our only chance and is a good one: 1. Profit margin = 75%+! 2. No current competition to speak of 3. exciting, potentially explosive, technology 4. Rapidly growing top line (projected at "north of $20M" for 2002) resulting in Emation breakeven in late 2002 5. Bear Stearns calculating extremely favorable price ratios (see pgs. 54-57 of proxy) albeit based on RVST's projections thru 2003. 6. Stock repurchase/insider buying signalling good times ahead
I first heard of RVST via a STOCK-ALERT email in May. The $4 cash/share was too good to pass up. I initially had mixed feelings in late June over being transformed from a deep value investor to a venture capitalist overnight. (I have 15 stocks -- 14 old economy stocks + RVST) No regrets now! Another poster's target of $22.10 is very possible in the next 1-3 years.
to go. the signs are there. toshiba news will go along way : bringing $$$ + new customers. it is easier to convince new customers to sign deals if they know toshiba is in the club too. everybody knows toshiba, very qualified reference.