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Technology Stocks : MKIE

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To: Charles Tutt who wrote (17)7/29/2000 6:18:12 PM
From: Jay King  Read Replies (1) of 21
 
You're right, the numbers do say this stock is undervalued.

The analysts will come in once the market cap reaches a more significant level. What that level is, I don't know, but a wild guess would be at least $150 million. For small companies like this, the first thing I ask is, what will it take for this company to reach the $1 Billion milestone?

MKIE is the only pure-play audio company I own. If I could buy just Digidesign, I would, but the other divisions of AVID are horrible when it comes to profitability. I sold out of AVID after they failed to deliver quarter after quarter after quarter.

Do you own any other audio companies? Sound Forge is interesting but like AVID they don't make profits.

-Jay
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