SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Zitel-ZITL What's Happening
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dppl who wrote (1213)11/28/1996 11:00:00 AM
From: M. Frank Greiffenstein   of 18263
 
Dppl writes: >>Another question. Why did Matr sell to ZITL for such a paltry sum if they have the
Bullet? Surely they could go to any investor/investment bank and negotiate far
better terms than 35% ownership. Something doesn't add up and I think it's the
touters.<<

This is the argument made by the writer Rublin in Barron's last October. Frankly, I have never seen a company valued on the basis of the initial investment amount. This is not a recognized method of valuing companies. On this basis, You would have to slam Bill Gates and Paul Allen of Microsoft, since they sunk a couple of hundred bucks and their garage into creating Ms-DOS. Ditto Wozniak and Apple computer.

Ar you saying that if you have a brilliant idea, that you don't need investment capital from somewhere? According to your reasoning, we should also avoid all bitotech stocks because their lanbs received seed money from big drug manucfacturers.

Why go to an investment bank when you can go to the people who will market your product? Can an ivnestment bank market you, or leverage its existing government contacts? I don't think so.

To be consistent dppl, would you make the same criticism of biotech startups if they go to major drug houses for startup capital?

BTW, thanks for making a reasoned bear case for Zitl. Lets keep this sort of thing going.
DocStone
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News