Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (2309)	6/19/2003 12:08:47 AM
From: lostmymoney	Respond to of 23958

ughhhhhhhhh, thats right Joe and sergio!!!! Haha, like I can read a chart. It goes up and it goes down :-) I would like to know what is fueling IFLO. I don't know when to dump.....goes down in morning, then a slow upward swing 4 days in a row... You guys have to lead me along, okie dokie, the next buy..I am too disable <gggggg> to learn chart reading and 500 days average. mda and you know Mike p.s. haha Ken, Sergio knows whats up with IFLO!!!!!

To: Sergio H who wrote (2309)	6/19/2003 12:26:49 AM
From: Ken W	Respond to of 23958

Sergio "I can't find any small cap medical device company acquisitions set at prices relative to multiples of 2.5x book value over the last 3 months. If you would like to prove your argument..." That's because there have not been any amigo. LOL Most small cap (micro cap) med device companies have stock prices way over their tangible assets, thus book values at less than 2.00 (general statement) The PSFT/ORCL example was to merely point out the 2.5x book formula not to be compared to a small company like IFLO. To prove my arguement...over the course of my life I've bought and sold two companies (working on the third) The ribbon biz must go! <GGGGGG> I bought both at 2.5 times the estimated value of equipment and customer lists (based on past sales, not future). Both companies were sold under the same formula having built them up from where I bought them thru equipment upgrade and expansion of customer base. Now, IF IFLO can project, say 5 to 10 years into the future where they are going to be then...... 2 years ago RDRT was the same rumored take over target based on where they were going to be in 5 years...EMC was the favorite "rumored" suitor.......RDRT filed chapter 7 today having come all the way down from 12.00 per share on the rumor. It's now .13 cents. RDRT's book value at the time was about .45 I rest my case counselor <GGGGGGGGGGGGG> Ken