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INTD: internet bank stock, with CITIBANK, BB&T as clients, the only product (released) built on MSFT's "finance server" product, a new joint arrangement with IBM (CITI the first customer), this company has more revenue than cybercash or security first, and a market cap less than one tenth... I lost money when they fell from 3.50 to 3 last summer; this summer they have sold off and closed down the old buisness lines and moving forward will earn a profit, have 8MM in cash, a 2MM building for sale, a piece of busines on the block that will generate 2-4MM when sold, and moving forward 2-3 in costs and revenue to build on a bright, INTERNET enabled, enterprise connected (ibm mainframes) future.... Worth $1.25/40MM? Maybe like Junglee somebody will be interested.... |
