Posted by Steve Anreder on April 18, 2000 at 07:21:07:
In Reply to: Question for Mr. Anreder.... posted by randhil on April 10, 2000 at 10:38:14:
I don't intend to get in a discussion of what is a fair price for lots of reasons. Our job is to help Soligen get its investment story to as many people as possible as the Company moves ahead and continues to focus on building value. As you have probably read often, the casting business is very slow to change but now change is coming faster as customers demand more service and more engineering in the early rounds. Soligen's technology is very much focused on enhancing the ability of companies to make that first article in a timely and cost efficient manner. And as companies seek or are compelled to respond faster to their ultimate customers Soligen's prorietary abilities will increasingly come into play. Mr. Uziel is a highly pragmatic executive with a strategic business plan to build Soligen in a viable fashion. He believes -- and I agree with him -- that the market undervalues the Company. Today, we had the chairman of Citigroup saying the same thing about their market cap. It means that the market at any point in time renders a judgement, but price is affected by many factors, not all related to the worth of the enterprise. Soligen has a solid, dedicated individual running things, and it has a technology that is truly advanced. That should add up to enhanced value as the Company continues to progress. steve anreder