RE: RE: Gap down Tomm. !!!!!!!!!!!!!!!!!!!!!!!!!!!Half of a Billion DollarsFor a moment, let us forget about the share price of INT, which as of Tuesday April 19th,stood at $2.25 per share. The key to any company is the total marketvalue. By our calculation, INT has 240 million shares outstanding on afully diluted basis, giving it a total market value of $540 million.Seems odd when they financed the company less than 3 months ago at atotal value of under $25 million.
For a Canadiancomparison, Forzani Group, owner of Sport Chek has a market value of$500 million, but with numerous stores and $1.5 billion in revenue andover $50 million in operating profit. Anyone think INT could be way overvalued?