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rti16

02/28/05 3:35 PM

Post #3

SEC released insider purchase info by Director of ETS today. Click below to find out more about this transaction:

http://finance.lycos.com/qc/news/story.aspx?story=200502281838_BWR__BW5929

chuckerfmfla Free

05/03/04 6:47 PM

Post #2

Glad to see that ETS finally got a Board on I-Hub. I have been in ETS much longer than I care to admit. It is a stock where I fell in love with the technology and did not review enough the complete incompetence of the CEO and the rest of the officers and Board of Directors. Like I read on the Yahoo board today, The only claim to fame for the CEO is how the cash on hand has decreased by about 50 percent.
Chuckerfmfla

Churak

05/03/04 2:26 PM

Post #1

grub

Enterasys (ETS)

Followers	0	Posters	3
Posts (Today)	0	Posts (Total)	3
Created	05/03/04	Type	Free
Moderators

As of early May 2004, ETS is hitting 52 week lows of under $2 per share. With .79 cents/share in cash, another 33 cents in Property, Equipment and long term investments, receivables, inventory and "other" in excess of .30 cents/share, and running at cash flow break even, how much lower can it go? This stock either goes to zero, runs back up to the mid single digits, or gets bought out. With no debt and cash in the bank, I think the odds of going under are very slim, making this a very interesting investment for the next few years.