Well from some reading of stuff here I guess everyone thinks buying stocks valued less than $5.00 is not "foolish". While in general I agree occasionally I differ, for example a company that I think deserves to be considered as a rule breaker is Spectralink (SLNK). First let me say that I do own have a small position (1000 shares), but then I've been tending toward a day/week/month trader abyss (one exception, Rambus). In any case lets look at the companies product - wireless phones for the office/plant/factory. Not cordless, wireless. They have the largest market share in the biz and have a potentially enormous market. Their compeition is also large and slow moving. At some point there size will become large enough to attract institutional investors. At that point they should take off.Just imagine if 10% of traditional office phones are replaced by wireless ones. Why would a company/enterprise buy such a product - to speed service, reduce voice mail tag etc.Enough of the soap box.ps. as cisco moves more into the traditional phone biz I would not be suprised to see them buy out this company at a hefty premium.
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