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Re: fibinacci post# 245029

Friday, 05/04/2007 9:58:45 AM

Friday, May 04, 2007 9:58:45 AM

Post# of 286611
fib...you either base the valuation on a market or income approach...many here have already said you can't compare GZFX to Netflix, someone heres own words the difference is like Apples to Oranges and management has shown that is true, so then out goes the market approach comparison...then if you take the income approach you really don't have much and for you to say 10 million is just plain dumb...would you pay 10 million dollars for this??? I personally think someone might pay around $500K based on what is presented...then again one might buy it soley to sell the remainder of the shares but that will only result in asset growth not much in the way of money in the pocket...I would want to buy a business for putting money in my pocket, not to steal from the investors to build my assets, overall it's not a very good picture for a great investment...right now with $500K I can buy a property than brings in a positive debt free return of $3000 a month, thats 36K a year profit...GZFX has negative quarter after quarter results and with DC's, postage and all the crazy fees my property purchase would be a far better investment than buying this company