eMachines (Nasdaq: EEEE) going public! Message Board

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Technology Stocks : eMachines (Nasdaq: EEEE) going public!

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To: RockyBalboa who wrote (56)	1/5/2001 11:05:48 PM
From: EACarl	Read Replies (1) of 122

You sure are a "glass half empty" guy on this one InfoStream.com. I see a current ratio of greater than 2.2:1. I see TOTAL liabilities covered by accounts rec and inventory, with $222 million in CASH net of all else to equal about $1.53 per share net cash value and a stock selling for 22 cents??? I've seen you post a lot of value stocks but NONE with a price to cash this low. I guess I just don't get why you think the balance sheet is ugly, and only expect a "bit of a rise". I realize those numbers are now a quarter old, but the company already prewarned of a 20 cent loss which we'll have to see how much of that was cash, but in any event, still an extremely low price to cash play anyway you slice it. Don't get me wrong, I'm not in love with this stock, nor do I intent to be a long term investor, but the percentage gains from this level could be huge. Even the hypothetical trade of buying at 1/4 and selling at 3/8 is a 50% gain!! Regards, Eric.

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