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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Those who laugh will have missed the point entirely
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Post by tamaracktop on Jan 22, 2022 11:05am

Those who laugh will have missed the point entirely

Amazon closing price December 6th, 1999...$113.00
Trailing 4-qtr revs...$1.21 billion
1999 net loss...$720 million
Nasdaq close.... 3,546


Amazon closing price September 17, 2001...   $7.30
Trailing 4-qtr revs...$2.98 billion
2001 net loss...$567 million
Nasdaq close....1579


The nasdaq hit 3-year lows that day
Comment by tony08 on Jan 22, 2022 11:09am
Good point, but the Nasdaq in those years had a major oversize big bubble.....Can we use that as an example for today?
Comment by tamaracktop on Jan 22, 2022 11:36am
Let's make that more relatable. That's like a stock going from $11.30 to 73 cents in just over a year and a half while the same company's revenues grew from $121 million to $298 million. And the company had yet to make a profit. And the stock is $285 today. The point isn't that Xebec is another Amazon. The point is there's nothing wrong with Xebec, it's the market. It ...more  
Comment by tony08 on Jan 22, 2022 1:07pm
I new that TT would keep faith in Xebec, but it's good to see that most of you guys posting here are not discourage and focus on the real value of XBC. 
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