Craig, you say:
<<I agree that Ancor desperately needs to quickly ramp revenues in their existing business, sign an OEM for 1999, or simply sell the company.>>
Roy Sardinia tells pigboy that he has met the ANCR management team and he "was impressed" and ANCR has "products (that) are good and are sellable."
My question, actually one of many, is what is ANCR worth to some other company? Has it ever been established that their patent has a dollar value? Their biggest asset, and one that I believe you have commented
on here, apparently is their engineers. With all these contracts apparently going elsewhere, one must guess that great engineers do not guarantee great sales. Besides, one can "buy" engineers a lot cheaper than an entire company. As ANCR out-sources their manufacturing, there is nothing to sell there. There are virtually no contracts (at least any that us lowly shareholders know of) that promise a future revenue stream. One method of valuing companies is to take a multiples of sales, but last time I checked , ANCR didn't seem to have much in that category.
Can you (or anyone else) please help me with this?
Thanks in advance,
tm |
