Forget that oil nonsense -- we're here to talk about INSGY-- I've got my life savings invested in it, but for good reasons -- I like to win.
Insignia is like an IBM compared to the crappy Internet stocks out there right now that people are going crazy over. Consider CMOZ -- if you haven't heard about it by now -- it was a company trying to sell pretzels (ticker - MISM) last month, selling for 3 cents per share, then changed its name to COSMOZ.COM, and lo and behold, two weeks later, whaala, it has a market capitalization of $200 million!!! (selling at $4.00 per share).
In this environment, Insignia, with a market cap. of about $50M, and breakthrough technology, i.e., realizing programmability of embedded devices through Internet, etc., has got to be worth more than CMOZ!!
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