Elite Pharmaceuticals Inc (ELTP)

[no2koolaid]

With respect to Nasrat/Elite and Jobs/Apple, what follows is more allegory than analogy...

You do know that Jobs was fired from the company he founded because the Mac only was able to get single digit market share with its sole product, right? And that he went off to found Next computer, which failed miserably. Although some of the tech generated there was used to found Pixar. However, when the two people who spent time in the CEO role - John Sculley and Gil Amelio - were fired, Jobs came back. The Mac still has single digit revenues, but we know that their expertise in integrating multiple technologies was the basis for its new products and only then did its share price take off.

Future revenues is what Nasrat controls and that is what we should expect. He does that and the company's valuation continues to grow and then Nasrat will figure out the exit plan...one that I will mirror...case closed indeed.