To All, This week's Barron's is mostly mediocre, but it has some "can't miss" pieces. For example, there is an article about which established tech cos. are selling near cash value. Then, there is a longer listing about Internut co. burn rates. I loved the fact that my cos. have enough cash to last for years and years. This is a good resource for both calls and puts, as, on any rally in the crapola, you want to buy puts on those with very little cash left in an unfriendly market. One they hate is my old friend, Bluefly. It seems to only have enough cash to last until last October. Hmmmm, methinks the accountants better go back and crank their numbers again. <g>
Also, this is the annual and quarterly mutual fund report. "Oh, God, pride of man, broken in the dust again." Apologies to The Quicksilver Messenger Service for that filching of one of the lines from their song. But it is fun to see all of the 1999 geniuses who are now crying in their beer, domestic and not imported nowadays. <g> |
