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Artaflex Inc V.ATF



TSXV:ATF - Post by User

Bullboard Posts
Comment by musingon Aug 21, 2004 1:41am
124 Views
Post# 7836646

RE: Shortsight, You are bang on...

RE: Shortsight, You are bang on...Actually, with respect, I'm not too bothered by points you make. Its all relative. And things have been improving. Last quarter I said that I was waiting for the next set of financials to see if there was significant improvement. And as far as I'm concerned that is what I got. Now I'm waiting for the next set to see meaningful improvement again. Is ATQ in great shape, of course not. But the institutions aren't dumping and many of them picked up stock at significant lower prices. They could get out with a tidy little profit and are not. That interests me and I'm happy taking my lead from them. I see some bright spots in ATQ's revived business. I don't see the overhead as way too high, not even a 100,000 accountant, and the cost of carrying debt is not to bad these days. As to any promised "breakthrough", I've never thought that this would magically happen. In business there aren't too many magic wand stories, especially a business like the EM industry where one has to earn their money in dribs and drabs one widget at a time. What I thought might happen would be an incremental improvement in the health of the Company. And, happily, its a little healthier now than it has been since it was almost mortis causa. For now that suits me fine.
Bullboard Posts