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Technology Stocks : Tecnomatix Technologies Ltd. (TCNOF) - Any comments?

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To: Andrew Taylor who wrote ()7/27/1998 1:31:00 PM
From: growthvalue  Read Replies (2) of 113
 
This is a joke.

As of 12/31/97, Tecnomatix had $147 million in cash on hand.

I believe there are about 10.6 million shares outstanding.

That means you get about $13.90 in cash per share of TCNOF!!!

They lowered expectations for the next quarter in the conference call, from what I understand. They also indicated that they're having difficulty in the US market - I think in particular branching out outside of the automotive industry.

It really seems like this company has a great leading-edge product and are the pioneers in a relatively untapped market. Hopefully it's a question of buy-in - once the non-auto companies start biting....

Regardless, this stock seems grossly undervalued - any comments?
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