Silicon Investor (SI) -- The First Internet Community

To: caly who wrote (102058)	1/20/2011 11:58:52 AM
From: ACAN	Read Replies (1) \| Respond to of 111150

Wasn't trying to be too simplistic re BLTI, but once it gets overbought and competition sets in an anti momo, it feeds on itself, until it becomes an absolute bargain. The kitchen is full of promise stocks that take years of patience on fundies. Here is one that has proven itself once, and is improving its product, and is going back up through long term resistance, much like ZAGG, I think.

To: caly who wrote (102058)	1/20/2011 3:20:09 PM
From: Jeffrey Beckman	Read Replies (2) \| Respond to of 111150

I don't remember, was BLTI actually making money in '04? Even if it did, there was probably a lot of froth on that run. I know it's a whole other story, but you might look at the chart of FTK from back then. In '07, they were making on the order of $1.50 EPS. From '04-'07 the PE expanded with earnings, going from 5-ish to 35-ish. Then, everything fell apart when the economy caved, and it was losing money hand over fist. The stock dropped from $53 to a buck. ... very BLTI-ish <g>.