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International Investing / Australia (All-Ordinaries)


Subject:  Re: Resmed Date:  2/25/2002  2:52 PM
Author:  harmy Number:  3640 of 6186

jehudith (and any others who may have a view),

I take it from your post last year, you're a fan of Resmed (ASX: RMD, also NASDAQ: RMD).

I had a small holding in RMD until recently when I sold because I thought the price was levelling off at the top. I don't know who is doing the marketing in the US but as a small company without marketing push it's an uphill battle. The costs of marketing in the US are astronomical and without, say, a company like Abbots to push your product it's an uphill battle. I don't think there is anything wrong with RMD or it's product - it's just that some of the euphoria associated with the product has dissipated.

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