Internet Business Intl. (fka IBUI)

[Bernard Ng]

The only question I have for IBUI is that.. how can you justify the market cap. of IBUI and other big board stocks in the same sector, so that IBUI should have a fair value. Remember to check the earnings and quality of the assets IBUI got... I'm not saying it's not a good stock or it will not spike up again... but the number doesn't look right to me as a long term investment. That means the aquisition of the new AMEX co. should burn the current investors so as to adjust IBUI to a fair value at $3... IMHO, some kind of share restructure will lead to a blood bath to the current investors...

I haven't done DD on IBUI for ages because of this reason... so what do I know, maybe something have changed during this period... any idea???

signed,
Bernard