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TEI (TANK) is soaring today, up over 30%, here's a co. that until today was trading at its cash levels and 50% below its book value. Hopefully management is being wise w/this cash and will cause a multiple expansion and cause this stock to soar even higher, although the easy money has already been made. Management has said they will attempt to increase shareholder value, since the company books @ $2.72, today's price still leaves significant upside, especially if they use their huge cash reserve to finance an up and coming tech company and take advantage of the rich market now for small cap techs. |
