Calypso Wireless (fka CLYW)

[sugarpea29]

I tend to look at the market cap quite a bit, and personally I can't value Calypso Wireless at nearly $100 million as it is right now. I think a reasonable market cap for the stock is around half that (which would be around the .40 - .45 range)...just being honest. Obviously this could go much higher if anything REAL ever comes about, but until then I personally would not touch it for any amount over this range.

Calypso has always been priced too high, in my opinion, for a company that has no revenues and that never follows through with anything. I get the feeling that some investors are seeing that it is over-valued for this very reason and thus the drop in price to more reasonable levels.

(Posted July 22, 2005)