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Excelligence Learning Cor (LRNS) Message Board

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  • tsjaxson tsjaxson Nov 14, 2003 9:40 AM Flag

    It is getting ridiculous

    My "smugness" was only in response to the unsolicited barrage launched at me when I commented that the stock was undervalued. Some jackass claimed that I probably had my entire $1,000 life savings in the stock from its IPO and was praying for a bail-out.

    Anyway - enough of this. Bottom line the stock is cheap. You are correct - my profits are only on paper. As for exit strategy, I actually hold a very small postion which could be exited in the open market with minimal disruption (I have no plans to do so).

    An acquisition is possible, though I am not banking on it. I think a gradual multiple expansion from these extreemly low levels is the most likely outcome.