This company has a niche (color measurement) which is
protected by patent with no
serious competition. Co has a clean balance sheet.

There have been transition problems with management. Leadership is back on track. The value of the Co is
higher than market value. What is the risk v. the benefit of purchase? Little risk v. great benefit!

Bd of directors are committed to aggressive r & d -
This will increase eps.

AG Edwards recommended buy in the last week.