To: Mr. Cellophane Man who wrote (6417 ) 6/27/1998 10:52:00 AM From: James Harold Alton Read Replies (2) | Respond to
Dan, I know what you are saying, from a stock price standpoint we have not gone anywhere since this time last year...so far. However, our revenues per share have increased by about 3X since last year, our current ratio and essentially all other important indicators with the company have also improved. While having a stock that goes up is great, it's more important to me that the underlying company does well and that is what is keeping me here. I guess we can just look as this from the perspective that the underlying value of our investment has increased dramatically since last year, but so far it just has not be recognized. (Would you agree that right now the same $ would buy about 2-3X as much underlying value as it would have last year at this time?) I have to believe that while the markets are seldom fair, that we are going to eventually be recognized at fair value. Exactly what event will cause this to happen is yet to be determined, but I see the probability increasing over time as the imbalance between where we are price wise and valuation wise continue to diverge.
