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


To: Sergio H who wrote (7265)3/31/2005 1:20:57 AM
From: Ken W  Respond to of 23958
 
Sergio

I doubt that the storage segment is going to be for sale. Presently, it is the only profitable business that it has, but does not generate enough cash to make it attractive as an asset sale.

Eventually, the entire company will be for sale, storage and RFID combined. Kaufman has done this before, taking a small company public then selling it at a very nice profit to the shareholders,(and of course himself) that is why he was recruited to ALAN in the first place.

Regarding the numbers behind today's announcement..they would not give me specifics so we will have to wait it out over the next 30 days to see how they play out. All I was told was that it would be significant and go straight to the bottom line on the financial report. As you say, with the small float of 12mm shares and 25mm outstanding it will make the bottom line very, very healthy...they have no debt to speak of, so all that cash will look huge.

Ken