Homework? NSCP's product revenues decreased 15% in Q4. NSCP's overhead is about as high as projected 1998 revenues. (Not to mention cost of products and services which run about 80 million!)
All this 'talk' about fundamental improvement. Invest with the facts, and usually you'll do okay. I do find it interesting, that most bulls are praying for a takeover. Why don't they lay out the business model?
Tell us how, and where, and when, will NSCP increase revenues. The 15% decrease in product revenues shocked nearly every analyst. Why didn't it shock you?
Yes, NSCP has 'some' value. And yes, that is what markets are all about. I am just asking anyone for a sound, detailed, fundamental argument to justify this high valuation. Please, identify the business and profit model you believe in to justify your long.
Are you long for the hope of a takeover at a premium? Or are you long because of a belief in improving fundamentals? If the latter, please explain in detail. If you can't, maybe you should do some more homework.
I welcome this, as a sound debate can be used to test one's positions.
Good Trading, LF |
