Carnegie Group CGIX (READY FOR A MOVE?) Message Board

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Technology Stocks : Carnegie Group CGIX (READY FOR A MOVE?)

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To: Thomas who wrote (53)	4/13/1998 9:47:00 PM
From: bsl113	of 110

The spreads are not always just 1/8 or 3/8 on this stock... I have seen many occasions where the price moves as much as 1/2 pushing the stock up only to have it fall quickly. This stock can make you fall asleep. I just don't understand... Current Price/Share = 3.50 Shares Outstanding = 6,528,036 Total MKT Cap= $22,848,126 1997 Net Income = 3,360,156 You could buy CGIX for $23 mil and then own it free and clear after 6.8 years presuming that your yearly net income was at least 3.3 million. For most people it takes longer to pay off their home. Does it appear that CGIX would be worth owning. I think so, and considering that all of the top executives make an average of $200k you would have a nice salary while your working to payoff your financing... Am I missing something? Why wouldn't someone just buy CGIX becase their current infrastructure looks valuable. This is just my quick glance though. Take care, Bryan Lehner P.S. CGIX's annual stock holders meeting is on May 12, 1998

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