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Strategies & Market Trends : Floorless Preferred Stock/Debenture
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To: Zeev Hed who wrote (1101)1/12/2000 8:57:00 AM
From: Dale Baker   of 1438
 
I opened a BDE short at 5 1/2 yesterday. I have never seen a company with less than $1 million in annual revenue but $2.4 million in accounts receivable.

Put simply, they are making a few bucks producing animated films but they are miles away from even positive cash flow, much less profits.

Should be good back to low 4's soon.
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