To: Robert Sloan who wrote (639 ) 12/19/1999 5:54:00 PM From: David H. Zimmer Read Replies (1) | Respond to of 1203
Both sides of the opinion are always welcome. Below are the responses that were given to the poster on the Yahoo board. messages.yahoo.com messages.yahoo.com I would expect a retraction or a special article about INTF in the Detroit newspaper in the near future. In addition, what BlueGill has been able to accomplish with $20 million infusions of capital, INTF did with much less because they already had the template in place. My only question now is which investment banker will they choose to unlock the "L2i" segment's potential. We have been familiar with INTF and its competitors for well over six months now. We do our analysis differently than most, we pick up the telephone. We call the companies, the analysts who follow them and the customers who use their products. The market is huge, will within its confines will do very well. The best managed however, will do the best. If INTF were an IPO the stock would be worth more than triple what it is today. We know it and are investigating way to unlock this value. Stay tuned. INTF's market capitalization is grossly undervalued. Assuming a meager, understated $5 million in annual revenues is generated from the "L2i" arena, at a 20 X revenue, the low end valuation applied to others within the field, the stock should sell above $20 a share. Using the same market capitalization ratio as is applied to Xenos, INTF would sell for $40 to $50 a share. Always interested in other opinion however and trust that the acumen of those delivering same can relate to the fact that the majority of this industry remains in private hands. We know who they are and they know us. I would look for some deals to be made in the not too distant future including, but not limited to IPOs, secondaries, mergers, stock and cash buyouts and taking of public companies private. Again, stay tuned. We are doing a little more than reading web pages.