Come on Coz, address the issues:
Your most recent superior investment knowledge and expertise comments are weak at best, and your lack of paying attention to detail differentiates you from Asensio & Co.
AVNT as you said showed big time strength yesterday...the hearing was ..... to the market. Wrong. As Asensio has told me, the problem with the majority is that they fail to roll up their sleeves and agressively do their homework. Asensio and Co. excells at this, and there is no denying this.
Asensio is continuing to collect information and is awaiting the financials, the hearing transcripts,contacts with the various parties, prior to issuing another report.
"Avant! has been charged in criminal and civil court with stealing Cadence's algorithms and database. However, Cadence's request for an injunction is based alone on the proven theft of its database. This is contrary to Avant!'s representation of the proceedings and appears to be not widely known by investors.
Asensio & Company, Inc. has obtained and reviewed the Motion for Preliminary Injunction, the Order Granting in Part and Denying in Part this Motion and the Appellant's Opening Brief, the Appellee's Opening Brief and the Appellant's Reply Brief, and a transcript of last week's oral arguments. What exactly do you disagree with in the above which supports your position of its no big thing? Which docs do you have or is this just your gut guesstimate?
We believe that Avant!'s stock price does not adequately, if at all, reflect the devastating potential of the Company's established civil and criminal liabilities. We believe that Avant! is guilty as charged, that a plea-bargaining settlement is highly unlikely and that prosecution is unavoidable. However, even assuming the best case scenario we believe Avant!'s stock is grossly overvalued. We believe that this gross evaluation makes it impossible for investors to realize any gains. We strongly recommend the sale of shares of Avant! Corporation's common stock.
Please continue to give us the Coz reports, and I will continue to provide updates of the Asensio research and reports. I believe the current price reflects more on the excellent pr put out by AVNT, and the lack of knowledge as to how serious the charges are. In fact, it would not surprise me if some shareholders are buying the stock unaware of the serious history of this company. I do not believe everyone has disregarded the news as you suggest, think for a moment that while the company and its employees have serious criminal and civil cases pending, this is the best compant that I want to invest my money in, over all other companies. Read their releases carefully, they are excellent and keeps their name in a positive light. The public at this point is not fully aware of the liabilities, but they shall... |