Interups Inc (ITUP)

[RealDutch]

I can give you two more reasons why $200 could be close to fair value. Because I know you will criticize me for using a P/E of 10.

1) If I'm not mistaken then the company was about to issue stock for $100/share a year (or 2) ago. That seemed to be the plan at the time. That was before the SPAC's. So you might as well argue that the stock is worth twice as much now.

2) I have my own personal valuation model as you know. When I put in a share price of $200 for ITUP then out comes an overall score (value) of 7.82. What that means is, it is still a good buy at that price. Because a score of 7.5 = a buy and 8.0 = strong buy (in general). And my model accounts for everything, the high potential as well as the substantial risks.

I have always "known" that this is a $100 stock with a $1,000 potential. That is why I was buying the stock for $7 two years ago.

Not a whole lot changes that. Don't make the mistake thinking that Petrejus or me being on board suddenly changes the value. Only our perception changes, not the intrinsic value. Sure, perhaps the probability of success will go up by 5% but then again, the most important thing is that Laxmi is already focused on creating shareholder value. Otherwise they wouldn't be paying cash dividends... so I don't have to teach him that.