SEN 0.00% 1.6¢ senetas corporation limited

retrace is a blessing Relaxed and happy. Any retrace is an...

  1. 7,809 Posts.
    retrace is a blessing Relaxed and happy.
    Any retrace is an opportunity, that will not be there for long. Just like Adobe is the standard for reading documents online, Senetas' Sonet and Ethernet products will be and are quickly becoming the standard technology in Data Encryption. The big companies and global governments first, then the medium businesses, then small businesses.
    Think beyond a few days or even a month or two. Think years of product dominance in sales, service, and updates.
    Think Nasdaq listing. I wonder how the US investor will go for a globally dominant technology. I wonder if IBM or Google have started to look at Senetas as their next business to bring in to the stable.
    Security issues are not going to disappear because we think the share price is going to retrace tommorrow. This company has barely begun to sell this product (just over a year), and already it dominates and pays it's shareholders a dividend.
    Earnings growth from $28 million to $250 million forecast over the next few years.
    Do yourself a favour, and accumulate. Any retrace is a blessing.
 
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