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Technology Stocks : thcg -- Ignore unavailable to you. Want to Upgrade?


To: lifeisgood who wrote (243)2/2/2000 2:12:00 AM
From: paulnewitt  Read Replies (1) | Respond to of 336
 
I have noticed that another ground floor incubator iTech Capital (formerly Jordex ) also has a strong managment team, cgmi like business plan, and great financials but like thcg the stock seems to be undervalued. Maybe this is a trend amoung these ground floor incubators. Does anyone else have input regarding similar companies?



To: lifeisgood who wrote (243)2/12/2000 4:06:00 PM
From: joshi  Respond to of 336
 
Well, it is impossible to value. THCG has not disclosed the amounts of shares it owns. Lats say it held 100,000 webm. Thats 20 Mill at post IPO value. The mkt cap of this is 200+ Mill. Earnings are non existant. I know, incis dont have earnings. With this said, they have 1 OB stock and LEAF & WEBM public. Thats it! LEAF holding was probably minor and WEBM was minor so whats left? They raised and have 952 thousand. What am i missing here? I paid 152X the book value at 23 a share. Man, im done with smokin the crack. I just hope I can get out above 16.

Anyone have more info than me?