Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: mishedlo who wrote (3560)	7/10/2001 12:40:39 AM
From: Michail Shadkin	of 6873

Mishedlo - Re: CNXT I dont think they are a GTZ candidate yet, but slowly getting there. They have about 4 quarters of cash left. Also, considering their reasonable debt, I'm sure they will be able to find more financing. My personal general rule of thumb: Any company that is losing money (especially significantly) with declining revenue and EPS, should never be trading for more than 2 times cash. (if that, assuming enough cash for 4-6 quarters) So based on my rule, they should be a $4 stock now. Michail

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