MicroStrategy Inc. (MSTR) Message Board

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Technology Stocks : MicroStrategy Inc. (MSTR)

MSTR 246.86

-6.8%

3:59 PM EST

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To: blankmind who wrote (567)	5/26/2000 7:31:00 PM
From: Logain Ablar	Read Replies (3) of 717

blankmind: If the ifmx fiasco of 95 - 97 is any indication it will be many years b/4 this mess is cleaned up. You can buy ifmx today for what you could buy it for 3 years ago (after the crash, although it went lower) and it is now earning money. Something mstr is not and has not done. IFMX also is growing and has a good balance sheet. IFMX had to settle all the suits (additional dilution to lower eps) settle with the sec (for 3 years they are not protected by the safe harbor provisions, so no mistakes or the trial lawyers will have another field day). I don't know fair value or risk / reward but the current mgmt will have to go b/4 this stock ever (if ever) recovers. So as new investors do dd & the risk / reward will they invest here or in another company with growing revenue and earnings that is just as overvalued. Many buyers will decide to go elsewhere keeping downward pressure on the stock. Only sellers with no buyers. The only buyers will be bargain hunters thinking it hit bottom. As more bad news comes out these buyers will bail with less and less bargain hunters. Why waste your money here with other opportunities with less risk Without knowing anything about the company I would place the bottom in low single digits if the SEC finds willful violations (and ignorance is not a valid excuse, they pay CFO's and Controllers to know the rules and advise the CEO). This assumes the company's products are strong enough from a competitive standpoint to keep the company afloat (and remain competitive as key employees leave for other opportunities). If not they can drop out of existence. From what I read back in March this management IMO was more than pushing the envelope in revenue / earnings recognition. Just my opinion but if I was looking to invest I'd look elsewhere and if I was holding I'd sell into any NAZ rebound or short rally covering (which unfortunately happened a week or two ago). Tim Edit: Also remember new lows usually mean further lows down the road.

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