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Pastimes : Shopping For The Ultimate Bargains -- Ignore unavailable to you. Want to Upgrade?


To: sandintoes who wrote (2065)10/15/2008 12:51:13 PM
From: stock leader  Read Replies (1) | Respond to of 2203
 
alright ladies,

i bought some INHX at .32 ... if its not a bargain here then i don't know what is.

market cap is only $14 million. however, net book value (which consists entirely of cash) is $37 million or net-book value of .86 per share. And at current loss rate, it would take INHX 4 years to lose the cash.

at some point til the end of the year, INHX will pop.

i guess the only risk is management malfeasance or (in other words) management blows the cash/stock on another worthless buyout of another firm.