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Internet Gold - Golden (IGLD) Message Board

  • qresearchq qresearchq Dec 8, 2005 11:59 AM Flag

    Igld's cash position

    Igld has yet to deploy the $60 million in cash they have on the books. The raised around $50 million with the spring debt offering. The extra interest expense has cost them EPS in the last two quarters. They seems to making progress on adding e-commerce sites. I am still waiting for a big acqusitions thru consolidation of the industry but Igld may be re-thinking the profitability of a big acqusition. Watching Igld's stock price is like watching paint dry.

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