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Pastimes : Home on the range where the buffalo roam

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To: LLCF who wrote (11272)3/7/2001 9:02:59 PM
From: mishedlo  Read Replies (1) of 13572
 
CRA is sitting on a huge pile of cash.
$18 per share.

They were smart enough to do a secondary offering at over $200 per share to a bunch of suckers to gaet that cash.

But cash is cash.
Otherwise CRA would be sitting at half waht it is IMHO.

HGSI should be about 1/4 its current price IMHO and it will get there. CRA's cash, if they do not burn it, should keep them up there. What CRA needs to do is to buy something with real earnings to support the bleed.

M
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