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Technology Stocks : vsrc formally ibnl

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To: Fraz who wrote ()1/9/2000 6:06:00 AM
From: jbe   of 2
 
Are you kidding?? Why, down the tubes, of course!

To be honest with you, I came over here to check out some shorting ideas. Unfortunately, I don't think you can short a BB stock, particularly not one as thinly traded as this one.

Just take a look at the financials, and you will see what I mean. It has virtually NO cash, and a 9.8 debt/equity ratio! No way it's ever going to be able to deal with that debt load. Certainly its sales won't do it: its price-sales ratio is 7,928!!

I don't think I have ever seen anything that bad. But then, I've never thought of buying stock in a company that had one foot in bankruptcy court.
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