Rofin-Sinar Technologies (NASDAQ:RSTI)
The Company designs, develops, engineers, manufactures and markets laser-based products, primarily used for cutting, welding and marking a wide range of materials.
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great technology, leader in niche area
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John's a smart man, and so is Bill, so i'm piling on. I just like management and the way this company operates. I wish insiders owned a bit more shares, but I can live with it.
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RSTI is the best pure play in the laser industry. They have a full line of systems for the complete range of high value-added applications. They are actively exploiting new applications as they become standardized. Their management is conservative, honest, and very focused on improving margins and operating efficiency. A Rip Van Winkle stock - go to sleep and check back in 10 years. They are also extremely lightly followed in the US.
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