Replies to post #9816 on Veltex Corporation (VLXC)

[george8]

Sam:

In one way you are right. What I meant was anyone would buy the whole co at $8mm if it really makes $11mm a year any day of the year.

There is a limit to value investing. P/E of less than 1 with 20% plus growth rate is just too good to be true.

Matin would have convinced himself to buy the whole co at $8mm even if he had to borrow. After all, VLXC is making $11mm a year. Why would he bother to convince the market that it is wrong?

Then, one day he can sell the whole co at, say, P/E of 10 at $110mm. And it is all his $110mm. And, before that day, he will be making $11mm and more every year and no need to be bothered by the investing public. What a life that will be.

George

[hapslap]

your post is the biggest crock of sh!t! in the wake of enron, worldcom, adelphia, etc., etc., we all know that greed has no boundaries. why, if this company was so inefficiently priced, would Matin not buy the sh!t out of this company, reduce its float, and let eventual investor interest shoot the share price to the moon. He must have all the shares he wants!! BULLSH!T!! BULLSH!T!!!! BULLSH!T!!!!!!