8 x 8 INC (EGHT)

[TechKim]

I am about certain, but I think the whole family of shareholders will be made financially whole when the share price reaches around $12.60. Before the dilution financing. The share price had grown to around the $12.50 value.

Personally I will never understand why the company took on such a large financing, as there was cash in the vault and building. Nor will I understand why the financing was offered at a large discount to the then new 52 week high. It was a sour point for investors and the share price had paid for it ever since up until now. The momentum soon died thereafter.

So I for one am very glad to see momentum enthusiasm once again.

OPINION