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    Barry Mendel

    Research Analyst at Mendel Money Management

    Barry Mendel is the President and Chief Investment Officer at Mendel Money Management, bringing fifty years of experience in portfolio management and financial analysis. As a Chartered Financial Analyst and Registered Investment Adviser, he leads the firm's investment strategy and oversees coverage of a diverse client portfolio, although specific company names and quantified performance track records are not publicly detailed. Mendel began his career in money management several decades ago, growing up in Chicago and dedicating his professional life to guiding client investments, with Mendel Money Management operating as a boutique advisory firm known for its client service. His professional credentials include the CFA designation and registration as an investment adviser, further supported by decades of hands-on industry experience.

    Barry Mendel's questions to RICHARDSON ELECTRONICS (RELL) leadership

    Barry Mendel's questions to RICHARDSON ELECTRONICS (RELL) leadership • Q3 2025

    Question

    Inquired about the status of projects with locomotive companies Progress Rail and Wabtec, the size of a recent large order, progress on an Australian project, and the potential magnitude of ongoing losses from the remaining healthcare business.

    Answer

    A large locomotive company placed a significant order ($1.3 million) that will begin shipping in FY '26. The Progress Rail project for a large electric vehicle is ongoing, with shipments expected to conclude in FY '26. The Australian project with Progress Rail has faced delays, with the first vehicle now anticipated to ship in the fall. The company declined to quantify future losses from the healthcare segment but stated its objective is to minimize them and complete the AltaTube commitments before the end of FY '26.

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