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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (27149)4/23/2008 12:24:24 PM
From: Paul Senior  Read Replies (1) of 78717
 
Ah, KONG. That one was a loser for me.

I am surprised how far down KONG and some others similar have fallen:

finance.yahoo.com

Fwiw:
All these (according to Yahoo) now have no debt and are trading close to, or below, cash/sh. That seems too odd to me. So I am cautious.

Something maybe about they are dependent on the big carriers like CHL for contracts or that they have to have connections political or business to ensure their viability? I would need more info./reassurance before I'd consider venturing in.
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