Comments on: INFS releases results; burns cash and investment thesis http://greenbackd.com/2009/02/12/infs-releases-results-burns-cash-and-investment-thesis/ Identifying undervalued activist situations Tue, 14 Feb 2012 15:51:52 +0000 hourly 1 http://wordpress.com/ By: greenbackd http://greenbackd.com/2009/02/12/infs-releases-results-burns-cash-and-investment-thesis/#comment-297 Thu, 19 Feb 2009 23:40:32 +0000 http://greenbackd.com/?p=983#comment-297 Corban

The problem with INFS is not the catalyst, it’s the value: At today’s close of $0.31 it’s not undervalued on a liquidation basis. We think it’s worth around $0.20 per share in liquidation, which means it’s too expensive above say $0.13.

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]]> By: Corban http://greenbackd.com/2009/02/12/infs-releases-results-burns-cash-and-investment-thesis/#comment-295 Thu, 19 Feb 2009 18:42:50 +0000 http://greenbackd.com/?p=983#comment-295 I see that Michael Nery got a board seat on INFS. Does this change anything about your analysis of INFS’s future?

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