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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (33890)3/20/2009 8:57:39 AM
From: Jurgis Bekepuris   of 78864
 
Well, there are exceptions. KONG has doubled from at-cash lows, but not due to its cash. Rather Nokia venture fund invested in it. Surprised me, I never considered KONG to be cutting edge company, actually my fear was that it was falling behind in its services. I did not participate in the move.

Maybe you can also consider WH's dividend and subsequent pop a good return of cash to shareholders.

But you are right, mostly it has been as bleak in the net-cash land as in the other market. On purely net-cash, I only own ACTS. I also own some Chinese companies that I bought for business but which are trading at net-cash by now. GU for sure, maybe some other ones.
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