Looking at the balance sheet it doesn't reflect such a rosy picture. now "other assets" I'm assuming is goodwill so that isn't a real number - so it went from 24 million to 41 million. Then you look at the debt it went from roughly 6 million to 20 million. so basically you added debt and good will to the balance sheet. Now back out the good will you have real assets of 25 million and liabilities of 20 million subtract the assets from the liabilities you have a measly 5 million dollars net divided by the shares outstanding you get a real book value of less than two dollars and with a stock price of 46 dollars. you basically have a company selling at 23 times book value. I never did like that last acquisition and seeing the balance sheet so weak really reinforces that logic.
Hi Green, I remembered you talking about book value on MLAB. How do you calculate that because I'm interest in a micro cap company. I sold MLAB last year and assume you did also. This board is dead now