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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (97023)4/20/2001 11:39:33 PM
From: JRI  Read Replies (1) of 436258
 
Talk about a worthless business idea (actually, about -20 million!)

Check out Net Perceptions (NETP)....as of 12/31, they had about $69 million in cash.....this past quarter, per pre-announcement, they lost something like $15 million.....so, they should have somewhere around $54 million left as of end-of-quarter...

Market cap "only" 33 million...

Must mean that the idea for business, all other remaining assets (including staff are worth NEGATIVE 21 million!)

Patron, let's make a run at that company, and play Gordon Gekko, and shut it down.....$ 21 million will pay a lot of bills I reckon (let's say $15 million after severance payoffs)...
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