TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who wrote ()	9/2/1999 12:34:00 AM
From: Roger Greene	Read Replies (1) of 150070

CRSC--Trading at less than half cash, no debt. Celeris has a market cap of $5 million based upon a closing price of 1 11/16. According to the most recent 10Q, it has $7 million in cash, $3 million in short term investments, $2 million in accounts receivable, and no debt. Why? The company recent did a reverse split to keep the price over $1 and stay listed on NASDAQ. Not surprisingly, the stock got hammered. The company is losing money, but has increased revenues in each of the past few quarters. They project that they will break even next year.

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