Well, you seemed to change your tune at the beginning of September, but this is what you wrote before that:
hybrasil - 6 Jul'05 - 17:27 - 61 of 139
Alex Obviously you are correct but are you right to value a company like this on the basis of cash.
I traded these a while ago and I cant remember whether I made money (so I must have lost!).
It is placed in the centre of a very interesting technology change and I would have thought turnover would be very slight indeed at this stage but if they start to shift those controllers then this could be quite interesting