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Message Boards Settings Rochester Medical Corp. (ROCM) - Quote Info
Bright outlook      6-Nov-09 12:39 pm    
This was a very positive report. It put to rest all the blah-blah -blah about the outcome of the law suit, possibly being acquired by COV, etc. etc. and all the other B.S. many posters bring to this MB. No question, the Sales & Marketing costs have been ramped up substantially without the corresponding revenue. But like Conway said "They have spent the money to "launch" an expanded sales force and product awareness and this takes time to reap the pay back. We will watch that closely. The UK has become a very significant market for their product and I think that is the beginning of driving sales to other countries. They will penetrate foreign markets without having to spread their domestic sales force by either partnering, adding their product to other suppliers with an inplace sales force and they are also looking to possibly make an acquisition of a foreign company with their excess cash. As for the stock price, I think it is going to be a matter of what they can show us on a quarter by quarter basis. It wasn't like he could say that sales will grow 20% annuallly or anything absolute other than he was very upbeat and optimistic about where the business is going from here. I would stay more focused on where the "market" is taking us at this time. For those that want a better understanding of what was said on the CC you can access it via the Archived Event Audio. I see us returning to the mid teens within the next 6-8 months.
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Bright outlook
hifliangel7... (1 Rating) 6-Nov-09 12:39 pm  
 
It sounds like you been around the board awhile.
cougarrln32... Rate it 6-Nov-09 01:09 pm  
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Rochester Medical Corp. (ROCM)

Chart for Rochester Medical Corp. (ROCM)
On Dec 18: 11.35 Up 0.27 (2.44%)
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