Fundamental Analysis Discussion Only (IXC Thread), page-17

Ok honestly though we can go on about how PAR has 10 times the TAM of IXC and its why its worth 400 mill MC compared to IXC 40 mill MC however if both companies phase 3 results are released the same time, does TAM really matter? So ultimately the market is valuing companies based off TAM? See where IXC's valuation is ridiculous?
So if PAR is successful and IXC is successful PAR goes to 4 bill MC and IXC to 400 mill MC? I thought the market is forward looking and a company should be close to the valuation if successful based on phase 2 results?

Ask yourself this, if phase 3 results for IXC are successful, what should be the current valuation after that announcement is released?

And if the market is valuing based off TAM, then if IXC adds a further indication that increases TAM, IXC should double triple based off that? See how silly that is