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magicatlast

03/31/11 2:04 PM

#30160 RE: stockguy1000 #30157

As a person who actually makes those decisions, negotiating contracts and making purchases, I couldn't care less about the other party's stock price. If I have any question about their ability to support a product, honor a warranty, etc, I look at their financials and reputation. The questions I ask myself are: do they have a good reputation with their customers, and can I collect if I have to go after them. Stock price, private vs. public, etc have no bearing whatsoever.

Magic
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ztect

03/31/11 3:18 PM

#30172 RE: stockguy1000 #30157

"Our competitors have respectable stock prices, Management feels the need that we should have that as well, and I support that decision."

So post r/s the market cap ($6.32 mill) of a $4 x 1.58 OS company is really going to sway companies away from VTSI's publicly traded companies like

Meggitt with its 1.32 Billion market cap
http://finance.yahoo.com/q?s=MGGT.L

Cubic Defense Applications with its 1.53 Billion market cap
http://finance.yahoo.com/q?s=CUB

since the market cap of a $6.32 mill company clearly demonstrates that it is as financially stable as 2 of its publicly traded competitors with market caps of 1.32 billion and 1.53 billion...

yeah, right [sarcasm].