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: tensforme who wrote (4839)	7/27/2001 1:34:59 AM
From: patron_anejo_por_favor	of 6873

re: REFR Looks like they purport to sell filters for windows to block certain frequencies....BFD! 69K in revenue in 3 months? Market cap over 300 MILLION? THIRTEEN employees? About the best thing you can say is they have no debt...which makes sense because they have NO BUSINESS! Their CEO and CFO combined get 1.5 million a year in salary. EBITDA is -4.5 million, and they had about 10 million in cash (per Yahoo). So, maybe another 1 1/2 years of cash burn at this rate. 14% of the float is short (amazing its not more). These guys are apparently their "distributors": finance.yahoo.com The Asensio & co. report on 'em is a must-read: biz.yahoo.com Asensio's got a live one here, I think! Disclosure: No position (hopefully that will change in the morning!<G>)

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