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To: Findit who wrote (106743)1/29/2004 5:11:16 PM
From: Findit  Read Replies (3) | Respond to of 208838
 
Almost added some SONS below 8 today. Almost don't count though. Had a nice finish today and has continued in the AH. Now at 8.50 and moving up. JDSU riding the coatails of NT earnings report and is now way up in AH. Hope this all continues tomorrow. Have a lot of catching up to do for the last two days. Jim



To: Findit who wrote (106743)1/29/2004 7:07:19 PM
From: rrufff  Respond to of 208838
 
XTRN - has about 16.5 million shares and almost no debt. They say they net about 3.5 million cash. That's about 21 cents a share. The balance sheets shows assets other than the patents of about $2 million but tough to value that. I haven't been following the company so I don't know the real value.

The big kicker would be tax losses. They are losing about .11 a share so with a few years tax loss, this could be worth perhaps another .15 a share.

So I figure a very optimistic potential value of the company to be .21 + .15 + .12 + .05 value of shell =.53.

I expect the stock will only trade to the .20 level if that, with real reward to anyone who want to hold it. I've done this before successfully. (AMSI became RGBI for a > 10 bagger)

I may have this wrong as I really have not been following the company and welcome any other calculations.



To: Findit who wrote (106743)1/30/2004 8:47:52 AM
From: Bob B.  Read Replies (1) | Respond to of 208838
 
XTRN, I'm showing their intangibles at 275k which includes the trademarks and trade names which I have no idea of the value. So the sale of them for $4 million may not be all that bad of a thing. I would have preferred raising additional capital especially with the low number of outstanding shares, but then again, what do I know. How the market perceives this is anyones guess however.