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Blonder Tongue Laboratories Inc. Message Board

  • gands2 gands2 Aug 26, 2011 1:06 AM Flag

    Yesterday & Today

    BT as a private company in 1995 had revenues of approx. $52 million and earnings of $6.5 million. Today as a public company <$30 mil revenue and maybe $100-200K in earnings, maybe.

    Since going public in '95 share price of BT has declined by approx. 80%. During the same time period the NASDAQ is up over 150%.

    Do not be fooled as I was by the seeming value to be found in holding shares given the price/book. Management has kept the enterprise going just enough to keep themselves & families gainfully employed but has done nothing for shareholders. That the company has practically no street following is not surprising. As has been posted previously, this company probably should never have gone public. jmo

0.60-0.02(-2.91%)Sep 26 4:00 PMEDT