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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Jim Bishop who wrote (93389)10/11/2001 12:16:18 AM
From: Buckey  Read Replies (3) | Respond to of 150070
 
OK - I am not a smart man but please try and explain why IBUI has a market cap of under $10Million and makes money and has $50 Million a year in sales

RBAK had quarterly revenue of 37 Million which is down from last year and their market cap was 240 Million at close and have gone up to a market cap of 265 Million after hours on teh news of a 3.6 Billion loss on the above revenues.

SO RBAK market cap increased afterhours 20 Million while the entire market cap of IBUI is under 10 Million.

Like I say I am a not a smart man but can someone help me out here. Hard on the head really. Yeah RBAK beat the street backing out one time losses but BRKC had a similar situation and they hammered the stock - I am shorting RBAK till my balls are blue