Post by fastwalker on Aug 20, 2004 18:57:28 GMT -5
Do your DD before investing in any stock..
MOBL CEO letter
« on: Today at 4:52pm » Quote Modify
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****:
Thanks for the note.
I am very committed to shareholder interests and building value for
shareholders. Returning value to shareholders via dividends is one way to
do so. Focusing on building the intrinsic value of MobilePro including
specifically the revenue, EBITDA, book value and earnings per share, the
technology and customer base and the management team all add to value. We
have done a decent job so far of building intrinsic value with our 10
acquisitions and other actions, but we have a great deal still to do. I
want to build a billion dollar company and right now (at today's close) we
are only a little more than 6% of the way there.
I don't worry too much about day to day fluctuations in the stock price. I
watch the long term trend lines (technical traders call them moving averages
such as the 100 day and 200 day moving average) which, for me, are very
encouraging. Too many things can affect any one day's trading for me to
worry about it. Plus, I can't do anything about day to day trading so
worrying would be pointless. Long term, by building intrinsic value I and
the rest of the management team can positively affect shareholder value
because over time stock prices do ultimately reflect intrinsic value. That
is the lesson of Peter Lynch and Warren Buffett, the two greatest investors
of the past 40 years.
I can't comment on Spencer Trask due to our NDA other than to refer you to
the press release we put out when we announced the CloseCall deal.
Best regards,
Jay Wright
President and CEO
MobilePro Corp.
FYI / FWIW...Do your DD..before investing..
MOBL CEO letter
« on: Today at 4:52pm » Quote Modify
--------------------------------------------------------------------------------
****:
Thanks for the note.
I am very committed to shareholder interests and building value for
shareholders. Returning value to shareholders via dividends is one way to
do so. Focusing on building the intrinsic value of MobilePro including
specifically the revenue, EBITDA, book value and earnings per share, the
technology and customer base and the management team all add to value. We
have done a decent job so far of building intrinsic value with our 10
acquisitions and other actions, but we have a great deal still to do. I
want to build a billion dollar company and right now (at today's close) we
are only a little more than 6% of the way there.
I don't worry too much about day to day fluctuations in the stock price. I
watch the long term trend lines (technical traders call them moving averages
such as the 100 day and 200 day moving average) which, for me, are very
encouraging. Too many things can affect any one day's trading for me to
worry about it. Plus, I can't do anything about day to day trading so
worrying would be pointless. Long term, by building intrinsic value I and
the rest of the management team can positively affect shareholder value
because over time stock prices do ultimately reflect intrinsic value. That
is the lesson of Peter Lynch and Warren Buffett, the two greatest investors
of the past 40 years.
I can't comment on Spencer Trask due to our NDA other than to refer you to
the press release we put out when we announced the CloseCall deal.
Best regards,
Jay Wright
President and CEO
MobilePro Corp.
FYI / FWIW...Do your DD..before investing..