last years stock? lol!, page-4

TA I am with you there ..... too many examples of co's growing too quickly by acquiring and not having the manpower or financial power to get the job done right.

I just think that people still don't just know whether they are in 'turnaround' (hence the discount PE), going through a consolidating phase (PE at/below mkt) or whether they are a blue sky stock with both organic and acquisitve growth (which would command a higher one). i would have thought that people would see this as a high growth industry, relatively high barriers to entry (licence wise) with an oligopolistic flavour (Maybe?) .... if the latter is true, it should be much higher. Obviously people are thinking one thing but acting as per the first scenario. I'd just wish they would make up their mind!! lol :)

I only hold 400K at the moment but am resisting selling any more until at least June'ish. By then, the above thoughts of investors would have been made a bit more clear.