INFUSYSTEMS
My
best guess? Based on nothing more than instinct? INHI,
last trade $2.90, will grow, and the warrants
we bought on it, giving us the right to buy it for $5 any time up until April
11, 2011, will expire tantalizingly, maddeningly, heart-breakingly
worthless.
And
then, once they do – and with the dilutive overhang of 34 million
warrants suddenly removed – the stock will shoot to $7 in short order,
which would have made the warrants worth $2 each (they currently trade
under a dime), and I will spend weeks rocking back and forth, doing the
“if-only.”
I
mention this partly because I like to expect the worst to avoid disappointment;
partly because of the double-reverse-feh!feh!-jinx effect (wherein expecting
the worst actually makes it a little less likely*); and partly because –
while I doubt it will be enough to save us – I was pleased to see this
exceptionally good customer satisfaction report. Satisfied customers do
not a $7 stock make, especially with the overhang of 34 million
warrants.** But they can’t hurt.
Here’s
the company’s “story.”
*See
the Hogwarts School of Financial Thought and Wizardry.
**All
in, that would be a market cap north of $360 million on sales currently under
$40 million. Then again, if exercised, the warrants kick in $160 million
in cash, so the market cap would really be “only” $200 million or
so in excess of that cash. And if sales were to take off, and if the
market were in a mood to reward growth – let’s just say I expect
the worst but haven’t sold my warrants.
Four
free iPhone apps:
Word Warp
Can
chest-thumping pride and red-faced shame coexist? The answer, if you have
just gotten a score of 18,650 playing the iPhone’s Word
Warp app – burning two hours that could otherwise have gone to some
constructive pursuit – is yes. The game is entirely addictive, and
hinges largely on realizing two things that are not instantly apparent.
Skype
Assuming
you already have a Skype account (and why
would anyone not?), this free app puts it on your iPhone. Now you can
call anywhere in the world for free – if the other party is on Skype
– or for almost free if you’re calling a regular phone
number. This app is available
for other cell phones as well.
Kindle
Charles
loves his Kindle way more
than he loves me, but that makes me feel good because I got it for him as a
gift. How many gifts do we give that don’t quite hit the
mark? So now, with this app, he can access all his Kindle books on his
iPhone. Handy when traveling light – T-shirt, wallet, keys, and
phone.
As
with all iPhone apps, you get these three by touching the “App
Store” icon on your main page . . . then touch SEARCH at the
bottom of the App Store . . . then touch the entry field at the top of
the screen . . . and type, say, KINDLE or SKYPE or WORD WARP.
Search
This
one you don’t even have to download; it’s already on your
phone. But if you’re as stupid as I am, you may not realize
it. From the main screen (I just learned), just swipe your thumb to the
right. You get a keyboard and a field with the phrase Search iPhone.
Type anything, and almost instantly you’ll see a list of contacts and
emails and calendar items and anything else that contains that word. Just
touch the one you want. If you suffer from appoplexy (the rage that
results from having so many apps on your iPhone you can’t find the one
you want), just type the first few letters of its name and – voila.