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Strategies & Market Trends : cash-rich dot bombs

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To: blankmind who wrote (38)	12/17/2000 11:48:31 PM
From: stock leader	Read Replies (1) of 184

my point here is that you should consider dotcoms losing money . just because a dotbomb is losing money doesn't mean it can't pop at some point and make quick money. you can make money if you buy cheap enough. buying at 10-30% cash value is golden as long as the company has at least 1-2 yrs cash on hand. as long as the company has that cash, speculation will drive the price up at some point becuase a stock buyback, liquidation, or hostile buyout become real possibilities. cash is the most powerful asset on the balance sheet... by the way, put ASKJ and VCNT on your watchlist this week ...look for entry in the 2 range for both

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