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ModusLink Global Solutions, Inc. Message Board

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  • belco_mc belco_mc Jan 25, 2013 3:38 PM Flag

    Losing money for years, no turn around plan,

    I sold out today- here's why: I don't know how to value the business. It was a mistake buying in the first place.

    You have a business that is largely tied to PC from HP. Neither of those are going well. The business hasn't been a generator of cash so maybe it isn't worth anything at all. I guess you have these NOL's but they only have value if the company can become profitable. Management is terrible and they are entrenched.

    My first big mistake of 2013. Hope this one works out for y'all.

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