Wow... can this thing get down to $.50 giving it a market cap of $18M with over $20M of net free cash in the bank?
This is just getting rediculus. I guess I am having sour grapes as many of my other investments are also slumping... however, this one by far has slumped the most and is the most undervalued in my book.
A friend of mine said his company was in the process of buying some Brio software... so it's not like there is no goodwill here.
Does anyone have anything positive to say at all about this thing.
You can blame the congress for not pursuing meaningful reform of accounting practices for the stocks drop. If people do not have confidence the broad market suffers and this is were we are. The politicians are waiting for ENRON to blow over and are blind to the damage done to the economy by the accounting scandals. No one expects the present administration to stand up to business so you should expect a long drawn out death spiral. I just hope we do not see inflation numbers rising or this will put us into a deep recession.