Replies to post #100 on Kendall Square Research Corp (fka KSQR)

[Francois+Goelo]

TexN, SCRO, just spent US$11.54 million (HK$90 million)...

on the acquisition of CopperClad... Over the last 3 years, SCRO had bought some US$7.27 million or HK$56.7 million worth of supply from that Company, so it made good sense to acquire it...

http://10kwizard.ragingbull.com/fil_submis.asp?repo=tenk&ipage=1434844&doc=1&total=&....

"Jiang Yin has been one of ATIH's laminated sheet suppliers. For the three years ended December 31, 2000, total purchases of ATIH from Jiang Yin were HK$8,995,969, HK$40,767,476 and HK$6,928,154 respectively."

http://www.investorshub.com/boards/board.asp?board_id=123

Yet, at $9.77 million, SCRO's Market Cap is 16% LESS than the cost of its latest acquisition, clearly demonstrating how mis-priced SCRO shares are...

http://biz.yahoo.com/p/s/scro.ob.html

Market Capitalization $9.77M
Shares Outstanding 19.9M
Float 3.40M
2000 Earnings: 21 cents
Last Quarter Earnings: 6 cents
Book Value ex-acquisition: 32 cents
Additionnal Book Value: $11,540,000 ÷ 19,900,000 sh = 58 cents
Last trade: 49 cents


JMHO, F. Goelo + + +