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Methode Electronics (METHA) Message Board

  • the_mojo_is_here the_mojo_is_here Mar 25, 2000 8:35 AM Flag

    FNSR's market cap is now almost

    five times that of METHA.

    If METHA's optic
    business is deemed equivalent to that of FNSR, METHA will
    be worth $230 per share.

    If METHA's optic
    business is deemed to be worth 1/2 of FNSR's optic
    business, METHA will be worth $115 per share.

    without taking into consideration the value of METHA's
    non-optic business.

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    • although after the FNSR split Monday, I hope to move more into METHA at these relatively low prices.

      Good luck longs

      • 1 Reply to fabulouspoodle
      • The point of fabulous (pardon the pun) valuations
        is to bet on who the long term winners will be. FNSR
        has an advantage right now in that they are a pure
        play. Once the spin-off occurs, I look to see a lot of
        the FNSR interest going to the new opto company, if
        for no other reason than to hedge their bets. METHA
        seems to be forming a base right now, so look to see a
        run up soon, however, it will probably go through at
        least one more consolidation period before the news
        starts to break on the spin-off side. Remember that
        there are probably still investors out there that
        bought around the first of March, and at this point
        would like to cover their losses. That will probably
        soften the price once it hits 60. If you're good at
        analyzing and timing these things, there is opportunity to
        make money along the way. Be careful though. Sometimes
        it's safer (and easier on the stomach) to just ride it
        out to the end point. Obsta, Fin, you guys have
        clearly been in this for awhile and followed the
        patterns. What do you think?