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Applied Optical... is now Opsec (OSG)     

hangon - 18 Aug 2006 12:40

This is the business that claims to have technology that will make buyers beat a path---(well, it can't..). In 2001 the sp spiked to 5 on market fever and by 2003 it was down to 20p.
Since then despite the Market moving up, it has achieved a trading range of 35-55 pence with a regularity that looks like no-one knows what.
Now (mid Aug06) there is a name change to OpSec - which sounds a bit like 'upset'...like many of their investors. The company ditched the dirt in 2005 by moving to AIM (thereby trashing any hope of recovery for PEP/ISA holders)...so where are the Execs looking now? A change of direction?, a change of Mangement? (yes, please!) - or more the same....Well now...wouldn't you like to know. I understand agm's are in Tyne and Wear, so no-one goes.
At least there wasn't a CONsolidation....whoah! - don't even think of it.
The Mangement of this company must be well-rewarded to perform this badly, for so long. Hologram patches (on CD-software) are a gimmick IMHO - for how do you know what a genuine one looks like.....bit of a guess, like identifying a genuine Warhol, eh? - - - I hold from 1.
They do banknotes which may be altogether a better line...
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