Monday, September 05, 2005 5:24:08 PM
I think you are somewhat naieve with regard to the Trace deal. If those two guys who operated that company for over 15 years really had something great going for them, they would have never sold out to Frudakis for the pittance they received. IMHO, Frudakis did that deal solely for its cosmetic value since all indications have been the Trace guys were struggling with a company that may have been losing money and needed someone to bail them out. Now those guys are probably happily enjoying guaranteed nonperforming employment contracts with lavish salaries/bonuses similar to the ones given Gabriel and his wife.
You seem to be bleary-eyed enthralled by the DNAG science and forgetting the fundamental and inflexible aspects of business that determine whether a company survives or fails. So far, the company has failed miserably in successfully realizing those aspects. You are not alone. There are many on this board who have also eschewed reality and prefer to view this investment through the thick rosy glasses which you are apparently wearing.
JMHO from the facts.
dr f
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