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Re: me123 post# 1836

Saturday, 03/08/2008 5:52:35 PM

Saturday, March 08, 2008 5:52:35 PM

Post# of 3616
I concur. Matty, you seem like a very nice guy and I wish you all the best. But to be optimistic about EGIL after lie after lie is wishful thinking. Not even pumping press releases affect this stock any more. The only things that will are sales and distribution, which show no more signs of coming to fruition than at any point in the past.

As far as a valuation goes, even if they do get sales and distribution - it's not their product. There's no intellectual property there whatsoever, and that's what creates a multiple in technology stocks. Without that, there's no big upside no matter how rose-colored your spectacles are.