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Re: 10 bagger post# 2919

Tuesday, 08/31/2010 8:27:31 PM

Tuesday, August 31, 2010 8:27:31 PM

Post# of 10804
JBII is a pig whose lipstick is wearing off.

> JBII.. A snake without a head..??

I'm not sure this pig could fly even in a CAT 5 hurricane. The market cap on this stock still needs to drop by a factor of 10 or 20 to get to fair value. It will get there in due time because the fundamentals will always win out in the long run. All you've got here is (1) a niche magnetic tape reading business that has minimal to zero value, (2) an "archive" of dusty old MIT and NASA documents whose contents are freely or cheaply available from other sources in more convenient form, (3) a "green" cleanser which has no obvious advantages over other products produced by large national consumer product powerhouses, (4) a small fiber optic equipment reseller in Mexico (which operates in the most competitive and low margin end of the telecommunications business); (5) a blue-sky plastic-to-oil conversion pipe dream that will suck up investor money until the CEO can no longer find fools to invest. Of course, the biggest asset is a CEO with little business savvy, no clear business focus, and dubious technical credentials in most of his company's product lines.

Blech.

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