Re: Moxa, how do you figure?
in response to
by
posted on
Feb 12, 2007 11:34AM
Its refreshing to hear someone get back to valuation. That IS the real issue. The market (and MM) are not ready to reward the company with even higher market cap.........for having $20M or $40M in the bank. To buy a profitable company with any significant sales........for which they will be rewarded with higher share price...........will require hundreds of millions of $$$. Anything less and they are probably buying IP or a presales company......these type of purchases are not guaranteed to substantially raise market cap. All must ask ....."what circumstances should/could exist to reach a market cap of $500M or 1 billion..........if one believes those circumstances can reasonably be reached, you should be a huge buyer at these levels.
thanks for the market cap reality check
biomedman