InvestorsHub Logo
icon url

Walrus

06/11/07 8:37 PM

#6697 RE: PhillyPA65 #6695

Tony, I left out some important facts. I recall being at the Rodham Renshaw conference & the Pacific Growth Investors Forum + a number of others when RP openly stated that it was his & Pete Musser's eventual goal to one day sell this Co. When asked at what price he openly stated @ $30/40 per share. That my friend could well be 2/3 years or more down the line. IMO I believe that will happen in the future. Of course they have to become a major factor in their highly disruptive technology which will surely happen. I can see this company doing many times their 2007/8 revenue at a consistent 50/60% profit margin. This is why they totally disregarded any recent discussions re a buy out. I for one plan to still have a position in the stock, when & if this happens. I think this explains my earlier comments. Walrus