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Alias Born | 04/01/2000 |
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Tuesday, May 23, 2000 2:11:16 PM
(I hate posting on the board, so I'll post it here)
The reason for the price drop is this -
I am one of the most unbiased research dudes out there. When I look at a stock, I look at it from a very objective stand point.
Nothing has convinced me this stock is worth 150$million is value...I see the products....which I don't consider products..yet because they aren't sold yet..So they are more like BETA stuff...
I tell you what would be interesting is the DD sheet done by Woodward (they had to have done one) on EURO Before they agreed. Also, I would liek to see some background on Woodward...
Secondly, the market always revolves around perception. Waxman is a advocate of this...And I can tell you one major problem EURO is going to run into when they really want their price to go up is..UNDERSTANDING...half people don't understand whta the world they are doing! LOL I sort of get it...
Anyways, the main problem I see in the stock is the financing and share structure...Both are whacked and tricky looking...
Disc: neither long nor short..doing my DD for my group
I'm trying not to post on RB...It drives me insane everytime i do...
FM
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