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Re: Gamco post# 1616

Tuesday, 08/27/2013 7:15:50 PM

Tuesday, August 27, 2013 7:15:50 PM

Post# of 7474
Hard to say.

Precise Biometrics has a market cap of $1.065 billion and after reading through their website, about the best I come away with is the description they use to define their product as "strong authentication". What does that mean?

I didn't see any financials, just a huge number of shares out there, over, 350,ooo,ooo outstanding.

What are their revenues?
Do they have any significant revenues?

With that market cap, they better have some huge profits and earnings/share.

I wouldn't touch it without more info. Looks overpriced based on what I see. There are a lot of companies that have a fingerprint product, 99% of them are worthless overpriced junk.

If PREC.ST is trading for $3.25 a share, I can't help think what BKYI will be worth in 6 months given all that is developing with our BIO-key customers.
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