EXDS claims they will be cash flow positive right around the corner, I havent seen any claim from XOXO on that issue. Another point, EXDS has been able to hit the well numerous times for financing, and yeah that is a heavy load, but when XOXO got financing it was some spectacular event..unexpected to some. I think EXDS will survive, will XOXO? I cant say I think so.
Even if XOXO makes it, how can you put a valuation on the biz they are in? Prices are getting hammered, going lower as time goes on..not a sector I would want to be in personally. EXDS on a speculation play (which is all it is) has way more upside than XOXO. If it stabalizes in a reasonable price range, you may even see it go to the teens. It wouldnt shock me to see EXDS either acquired or survive and prosper.
Market looks ill, definately selling pressure, thanks to the DOW..
Can I hear a few more times about GE and HON? I forgot since they mentioned it 5 minutes ago. Speaking of that, did anyone hear Joe K on friday whining because people are getting pissed off in emails about CNBS mentioning the merger every 15 min? He responded that people want mention of their 2.00 biotech stock instead..what a moron he is. I guess anyone that doesnt own GE only owns junk stocks..
hilarious! |
