Replies to post #26824 on CurAegis Technologies Inc (fka CRGS)

[Jay Arr]

Let's say there's 50 million shares. To earn 50 cents a share, they would have to net $25 million. At a mere ten times earnings, the stock would be worth $5 a share. If the net profit per watch is $50 ( a wild guess on my part because I have no idea of the actual costs ), they would have to sell 500,000 watches. If the profit per watch is higher, they would have to sell fewer. There's a lot of unknowns here but also a lot of possibilities.

[Oakie1]

Yep, the private equity market mark to myth valuations of today are reminiscent of the publicly traded tech bubble back then. That's why there are so few tech IPOs these days; the public market will not bear those valuations in an IPO. That should change since down rounds and strategic firesales are becoming more prevalent, and the jig may soon be up. The PE fund will eventually be viewed like the underperforming hedge funds of today by pollyannaish institutional money administrators. So the IPO market may well get resupplied, and reasonably. Maybe then most of the public market tech allocation won't almost exclusively be in the FANGs.