[TowerTalk] I.C.E. - Company for sale

Bill N1eY whobulk3 at comcast.net
Fri Mar 7 15:23:56 EST 2008


It is at the most absurd price.  No one sells a business on Ebay, 
either.  They probably went to a business broker that said perhaps 900k 
for the business at the best.  No way can you sell a small business in a 
down sector at more than 20 times the sales.  Plus, we don't know what 
the earnings are currently.  Who want to buy a business at P/E of 40?  
You would never make your purchase price back.

Sorry to be so negative, but I had to look because it sounded so 
interesting to me!

bill
n1ey


Barry wrote:
> That's a lot of bandpass filters :.)
> Barry W2UP
>
> Terry wrote:
>   
>> And they accept PayPal if you decide to buy it!  :-)
>>
>> 73 de Terry KK6T
>>
>> Greg Clark wrote:
>>   
>>     
>>> Saw this today, on eBay of all places.  Take a look at eBay item: 250221413049
>>>
>>> Or, do a general search on eBay for Industrial Communications Engineers.........starting bid, $2.7M.  
>>>       



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