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Friday, March 12, 2004 10:36:10 AM
This underlines my point regarding this huge share float even more. 300 mln + 86 mln QTIG = 386 mln shares outstanding for STEH shareholders. It is high probability that management is
not done yet and may issue more shares in QTIG. Either way
this is huge number of shares in regard to company
valuation. At 50 cents a share it would be valued at 200 mln??
How much revenue company must generate to be valued at that level?
I am a Long shareholder (number of shares in a 7 figures)and I do hope for it to do well in a future, but I do no have my blinders on and I am concern with this rather large float and lack of news on "new and improved" product releases.
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