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Strategies & Market Trends : Position Trading Forum

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To: CrazyTrain who wrote (4185)10/24/1998 12:32:00 PM
From: Glenn  Read Replies (1) of 7247
 
That was a nice post. What the heck, its can't go down much, I'll buy some Monday. With 4 dollars a share in cash, it can't go down too much.

"But a closer look reveals a picture that is not quite so bleak. For one thing, Davox has almost $4 a share in cash and no debt."

"Since 4/20/98: The price-earnings (P/E) ratio for DAVX has been less than its average next year's projected earnings growth rate. For small and mid-cap stocks in particular, this is generally considered as a sign that a company may be undervalued"

I appreciate the heads up. I forgot all about the company.
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