Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Senior who wrote (17108)	5/22/2003 4:23:20 PM
From: Paul Senior	Read Replies (1) of 78898

And I'll buy a little NETM too. Another in the market-price-below-cash genre. From the NETM 4/30 p.r.: "Cash and cash equivalents increased to $28.8 million at March 31, 2003, from $24.0 million at December 31, 2002." Yahoo shows d/e =0 and bv. = $1.85/sh. Market cap at today's close ($1.90) = $16.4M They have a cost reduction plan underway (Who doesn't?), and maybe that can stem losses. There seem to me to be almost too many of these teeny IT companies that have too much cash and not enough business-- where the business model stinks and a management in denial fritters away assets

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next