SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MPPP - MP3.com
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: S.C. Barnard who wrote (449)7/29/1999 2:44:00 PM
From: Kashish King  Read Replies (1) of 1116
 
Good point about having an artificially and completely unjustifiable stock price: you can start picking off companies left and right with real value. It's sort of self-fulfilling strategy. PROBLEM #1: stock tanks and acquisition strategy starts to fade. PROBLEM #2: lack of an ultra-powerful acquisition strategy causes stock to tank further. Sort of a self-destruct strategy.

MPPP has done very well and I strongly believe they will maintain a price above their initial, initial public offering price: $8. That's probably fair value until the company proves itself and I honestly believe they will. They were honest with themselves when they set their original IPO price and things have gone extremely well since them. In the long run, this return to normalcy (we're not there yet) is going to be good for the company.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News