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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (12604)6/10/2001 12:57:11 PM
From: MCsweet  Read Replies (1) of 78550
 
Not that it matters, but I was the one who first suggested MOVI on this board. Several times dating as far back as March 2000 actually (http://www.siliconinvestor.com/readmsg.aspx?msgid=13280205), despite major criticism each time. Not that criticism is bad, it is actually quite useful. My point is that few others seemed interested in a clear value stock.

My next recommendation is fashionmall.com (FASH). FASH sells way below cash value ($2.17 mkt prc vs. 4.00+ cash) and cash burn has slowed significantly. I have been tracking FASH for over a year now, as it has been mentioned on the Low Price/Cash board several times. A few weeks ago, I finally bought in.

I do not believe fashionmall's business is going to take over the world, but I am willing to bet on a chance for decent appreciation (50%) with reasonable downside risk.

MC
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