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Thursday, 03/17/2005 4:45:41 PM

Thursday, March 17, 2005 4:45:41 PM

Post# of 19549
Veltex is a joke. If Javeed Matin really thought that Veltex's 2004 earnings are close to 50% or 60% of the current share price, he would have taken the company private a long time ago and investment bankers would be knocking down his door. Who here has heard of somebody scoffing at the chance of a one-year investment return of 50%. One would also assume that Veltex would have a lot of free cash flow. The fact that the share count has been rising debunks that, though. Veltex, I assume generates most of its cash in the U.S., so the argument that it has trouble repatriating funds is total B.S.