comment to renntech "...Hi. We're IDC. These are the resources we own. Tomorrow, we begin trading as a new IPO", I can assure you that this issue would begin trading around 250. By the end of the week, it will have split and been trading in the upper 300's again. Today, unfortunately, Little Boy Blue comes begging to visit 35 once more. So, we won't split hairs over management"
i too am convinced that 1/2 of IDC's perception problem is a direct result of being listed on the AMEX. will refrain from giving actual reasons for this belief; but it is grounded in information. TGNT, for example, being listed on the Nasdaq with $1 million in revenue (or so), is completely into WLL, has a $4 billion+ market cap, has a technology which is not 3g compliant, transmits in the 24ghz (unlicensed) with less than 3 mile radius, is up another $10 today, has a contract in France to "explore" WLL prospects (mind you this is to "explore"), doesn't have a WLL ASIC anywhere near as powerful as IDC's, doesn't have IDC type relationships - yet it is supported by the market. TGNT doesn't have 1/3 the prospects of IDC. |
