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ID Systems Inc. Message Board

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  • dbtunr dbtunr Feb 25, 2004 9:37 AM Flag

    no interest

    MSS - I bought CKP at $18.37 which is where the bond holders can convert their bonds at in April. My thought being the bond holders are shorting the stock until that price point to lock in gains. I also bought some UNA even though the valuation is high

    If you like under valued stuff, I like ELSE which trades lightly like IDSY. It pays a 4% dividend and owns a stake in 2 companies, PPTV and AUGT which I also own. ELSE book value is about $6/sh yet it trades just above $4. No debt and core business has turned profitable. Due to scant volume, I would buy more than 1k or 2k

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