Well it didn't take long after breaking $5 to break $4. For those of you who were following TEXM, the office is officially gone. The Houston site is still listed on the RSYS web page for the South Central location, but give the number a call and it just rings and rings. Where would TEXM be today if it didn't allow itself to be bought by RSYS?
Probably bought out by someone else. They sold when times were good. Maybe the board was smarter than we/I imagined. Radisys is a funny company. The procurement dept takes this, "treat us like a direct" customer, when in actuality, they're high mix low volume. I understand they're purchasing dept has not been stable for 2 years with numerous personnel changes. I've also heard that with new management coming on, they'll be opening their bidding up to many as opposed to few. That should help out. I don't see this stock moving too far upward anytime soon.