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Strategies & Market Trends : Sharck Soup

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To: GREENLAW4-7 who wrote (33126)8/16/2001 9:51:34 PM
From: American Spirit   of 37746
 
Techs are already crushed. Have been for awhile. Crushed over and over. You mean crushed over and over and over and over? I dunno pal, Was just looking at PALM again to maybe buy and it's got a 2.2 billion market cap, 500 mill in the bank cash, no debt and three-fourths of the world's handheld market. I know they're going through tough times but Jeez Loueeze is that a cheap stock if they ever start recovering. You're saying they'll never recover I suppose.
Another cheapie is SCNT. 80 million cash and 32 million market cap. Very low burn rate. AAPL at $18 has $11 in cash and an ex-cash market cap of 2.5 billion. That's for Apple Computer which has a big niche all to themselves and tons of loyal users. It's also got a out-of-whacko PE of 110 or something which goes to show you PE's are almost useless to look at these days. AQnd then I like gas and oil stocks like P and UCL with low PE's and great earnings. SKX the hottest shoe company in the world fast-expanding and only a 14 PE. Cheap cheap stocks because no one's been buying stocks lately.
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