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Strategies & Market Trends : cash-rich dot bombs

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To: John Liu who wrote (81)	12/27/2000 2:39:25 PM
From: blankmind	Read Replies (1) of 184

John - thanks for SOFN - it looks good: As of 6/30/00's finl's: - $160 mill free & clear cash & equiv; includng a/r - 25.3 mill shs - about $6.25/cash value - trading around $1.75/share - disposed of unprofitable lines of business - SoftNet Systems, Inc. is a provider of high-speed Internet access over cable lines primarily to exurban markets - so they may become profitable; & along the way, may even get bought out unless the stock price comes back up to at least cash levels

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