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Strategies & Market Trends : cash-rich dot bombs

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To: Glenn Petersen who wrote (44)12/18/2000 8:46:48 AM
From: American Spirit  Read Replies (2) of 184
 
ESHR is so cheap it's market cap is 2-3 months revenues and it's got 14 mill cash with 28 mill market cap. It is also NOT losing money (or just a little) and predicts profitability this coming year. down from $30 to $1.25, beat estimates last Q and just signed two pretty big deals.

The other example is AAPL with its 4 billion in cash and 5+ billion kmarket cap. You get the #3 computer company in the world for a billion buck market cap.
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