TSXV:KUR.H - Post by User
Comment by
lookingtogetrichon Dec 09, 1999 2:44pm
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Post# 1136228
RE: $$WINNERS,UBS longterminvestment$20.00
RE: $$WINNERS,UBS longterminvestment$20.00Absolutely not. Can not justify a longterm cap of 1.4B CDN at all.
Once the contracts start coming in and $ start showing up, people will start realizing the long term potential of the company. Right now they are a lead player in an up and coming breakthrough in the way we live.
Go back 10 years and ask if Microsoft is worth a market cap of 1.4 B. Absolutely not - given what it was doing 10 years ago (I don't know what it's MC was then so don't ask). But 10 years ago it was in the right place at the right time. It caught a new lifestyle in it's infancy and became the driving force behind that technology.
Do I see $1.4 B MC, nope, I see it becoming far higher within not to distant future. This stock will have a run that will far outpace the market over the next 5-10 years.