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Author: SFEley One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 58  
Subject: Re: RADS Date: 8/26/1999 1:18 AM
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> Too bad they didn't buy back then hey?

Could be. Me, I'm loving it. I'm a consultant at a major food chain that's bought heavily into Radiant (I'm doing customizations for some of Radiant's restaurant management software) so I've been watching them for a long time. I bought a little at around 29, in late 1997 -- then hit myself hard on the head when it plummeted.

No problem, says I. They'll get over it. I bought some more at around 19 -- then hit myself even harder.

Then I bought a *lot* more at 6.75, bringing my dollar-cost-average into the single digits. Radiant is now my top-performing stock, with a 150% gain for me in about a year. I sold a bunch of it at 15, but I'm holding most of it. After it tops 20 (perhaps tomorrow, perhaps not) I will consider selling some more, but more likely I'll hold onto it until I see what their current rollout situation looks like.

From what I can tell that was their biggest problem in 1998 -- lots of R&D expenses, some good customers, but slow delivery and service. The contracts are starting to pay off now, and it's showing in their profits. Radiant's still not out of the "growing pains" stage yet, though. They're still a newcomer in the POS marketplace and have yet to achieve major market penetration. But their technology is the best I've seen, and if they can keep good people behind it (which currently seems to be their #1 problem -- my Atlanta-based consulting firm has a number of ex-Radiant guys), they'll be strong for a long time to come.

Buy what you know, and if you earnestly believe in it, KEEP BUYING IT! It's worked for me. (And the bruises on my head have healed nicely.)


Have Fun,
- Steve Eley
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