Acorn Venture Capital (AVCC) Message Board

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Microcap & Penny Stocks : Acorn Venture Capital (AVCC)

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To: Collin Underwood who wrote (15)	6/11/1997 7:36:00 PM
From: BulbaMan	of 23

Now that AVCC has sold its retail auto parts subsidiary, it's a pure play on silicon wafers. As such, it seems to me its undervaluation should soon become more apparent to investors (or even to someone considering a buyout). My calculation shows AVCC's market cap at about $8.5-$9 million. Recticon (the wafer subsidiary) was valued at $13.9 million alone in AVCC's 1996 year-end 10K. My guess is they got about $2.5 million from the retail auto part sale. Add up the numbers and AVCC's stock price at $1.5-1.625 doesn't make sense. Any comments?

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