You are right. I used to have a position in ARDT, and now IFMX is ARDT. They have ARDT's products, and they have ARDT's CEO. Plus, as you point out, they have a billion dollars. On the other hand, when they sold they had revenue of over $110 million, and now they are only a bit larger. When they sold they were larger than INFA, but now INFA is twice their size, so they have lost a lot of momentum. The money may help them regain it, I suppose, but INFA has done a good job. I'll consider buying ARDT again, er, IFMX, but I'm not sure I'll like what I see.
Carl |
