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 : Madge (MADGF)
MADGF 5.300-5.1%Oct 31 12:51 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: candleLight who wrote (3341)6/18/2000 9:45:00 PM
From: Madharry  Read Replies (1) of 3379
 
I don't know when Madgf will move upwards. I continue to believe that it is very much undervalued but that it will have to execute its game plan to get attention and a large increase in price-Its partner RNWK has also fallen greatly in value as has another partner of RNWK -ISLD. I am prepared to hold this for 2 years. By then I expect to see higher prices. I did not sell any Madgf shares at 13 so I am not selling any now. RNWK has a market cap of $7B, Madgf has a market cap of $200MM. That does not seem quite right. ENGA has a market cap of $1.5B. Have some patience. I held a stock for several months in the 5-6 area and I finally sold it with a 15% profit-now the stock is in the 80s. If Madgf were to sell at 80 it would have a market cap of $3.2B. I do not think it is likely but is also not impossible in a couple of years. but at $25 it would have a market cap of $1B which would certainly seem attainable in 2 years. Is a 5 bagger good enough? In the past I have managed to select such winners as ALSC, ORTL and MRVC. I do not know how high MADGF will go only that is very much undervalued right now.
I also think that ALSC and MRVC are headed much higher and admittedly have nicer looking charts but then again they are
neither selling for $5 nor do they have a market cap of $200MM.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext