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Technology Stocks : GX Investors Thread
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To: KJ. Moy who wrote (36)8/20/2001 11:48:34 PM
From: BWAC  Read Replies (1) of 586
 
<Your excellent point is missed by many investors today.>

Thanks. Maybe I'm not crazy after all.

'Missed by many investors'? That's because they are listening to the analysts yell about price targets and lack of current earnings visibility rather than thinking about the asset they own and what its replacement value might be assuming the assets are essential to businesses or consumers. How is it the analyst reports never ever mention that GX is 2x below its cost of depreciated net tangible assets?

Granted those assets better at some point in time produce some net income. Income sufficient to justify the cost of the asset itself.

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