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To: Sergio H who wrote (45220)3/20/2006 1:28:34 PM
From: Paul SeniorRead Replies (3) | Respond to of 118717
 
UFPT is cheap because it's junk. Lousy roe, lousy profit margins. The best years apparently for UFPT were in '96-'97. Debt/equity has been increasing over the past few years.
Book value is stalled out at around $3/sh. (Stock is at $3.60 today.) Most years, you can buy the stock at under book value price.

Perhaps the future is more attractive. Sales are up double digits. The company appears to be saying they are focusing on new markets. Who's to say they will be successful or not successful if they are going against entrenched competitors? I see the risk; I don't see where the stock price justifies paying the price for that risk.

Meanwhile they earned .17 in '04, .13 in '05. A dink company with high p/e and not much to show for it. There have got to be better "value" investments out there than this thing - and there are - imo.

This all just my opinion, and I've been wrong many, many times. Stock could be the greatest performer of the year. For me, this stock at current price isn't worth it though.

I'm spending more time and effort writing about your stock than you are. You can write your reasons for IDSY. I'm out of energy for listing why I'm passing on it. Again, it's just my opinion, you may very well be right that I am wrong about IDSY too.