Unless the world is really coming to an end, QUOT might be worth a look. As of June 30, 2000, they had cash totaling approximately $1.86 per share. The consensus estimate for their third quarter loss is $.25 per share. If the sales trends from the prior quarters hold, they could beat that number by $.07 or $.08 per share. At $1.66, the stock is selling at its cash value.
Barron's, in its October 2, 2000 issue, had a few kind words: "...online insurance broker Quotesmith, in Darien, Illinois, (has) achieved results that haven't been reflected in (its) share price." |
