Ann: Chairman's Address to Shareholders, page-16

Here are my thoughts.
2 possible scenarios.
1) Spin off/sale of the heavy machinery.
2) Spin off of the PE division & "the technology cluster"
The old man may prefer the 2nd scenario.
Opinions welcome as to the value of a standalone PE/med tech ventures ( I don't think "old school" Zicom will suffer much....It may even benefit from removing the liability of funding unproven ventures)
What value do people put on:
# A vertically integrated outfit owning & manufacturing high value products.
# A profitable PE.
# 3 Breakeven start ups.
# More start ups in the pipeline.
# iPtech funded to the tune of $4.5m by the state.
# MedTacc funded to the tune of $15m by the state.
I dare say that the technology offshoot will command the same value (as a stand alone) as the parent company.....Moreover it will grow much faster unshackled by the parent....The market will apply different valuation metrics to both outfits.
I have been patiently waiting for this to happen.....Best news I've heard from Zicom.