Autoweb IPO 3/22/99 AWEB Message Board

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Technology Stocks : Autoweb IPO 3/22/99 AWEB

AWEB 0.000400

0.0%

Oct 18 4:00 PM EDT

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To: rrufff who wrote (691)	12/27/2000 11:06:57 AM
From: Elroy	of 696

I'd love to know why you are bullish on it? I'm not particularly bullish on it at all, I just think it is ridiculously cheap at this price. They've restructured to reduce costs, still plan on EBITDA profitability in Q2:01 and have $27mm cash. At 25 cents a share the market cap is only $7 million or so. As long as they don't go bankrupt (and with their new cash conservation, restructuring view that seems unlikely) it seems like a safe bet. To tell you the truth, I don't even know what they really do. I don't know where their revenue comes from, so I'm certainly not bullish or bearish. I just think its cheap. Elroy (an ignorant investor)

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