Well, I won't argue about the Identity fiasco. That whole thing turned sour pretty quick. Nothing we can do about that blunder.
But, you need to re-think your premise that a company's PPS determines the effectiveness of their management. That is not always the case. Just look at the dot.com companies back in early 2000. There PPS's were going through the roof and yet their TRUE value was in the doghouse. That's why they went bust.
If every companies TRUE value was determined by their PPS, the stock market would be a very boring place because no one could invest in an undervalued company. Which leads me to ABEW and their current share price...
You've already stated that they have indeed positioned themselves with some of the biggest companies in the ZigBee Alliance. Now, if/when ZigBee takes off, don't you agree that ABEW would benefit from their License Agreements with them?
And if so, wouldn't THAT make their current share price 'undervalued'?
I believe it does, and that's why I am very stoked about this company. Only time will tell if I've made the right decision. Meanwhile, ZigBee continues to gain strength and add more companies to their Alliance.
GLTY.
abew4me
Disclaimer: All comments are just my opinion and should NOT be considered as factual.
AI
