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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who started this subject7/7/2001 9:49:14 PM
From: t_w_b  Read Replies (1) of 6873
 
Michail..SAPE

Are you familiar with them?..Any opinion?..Their business seems to be going from bad to worse..http://public.wsj.com/sn/y/SB99407933177121864.html

I note lots of cash, but a severe reduction in revenue from just the 1st Qt let alone last year.

Currently trading at a P/E of approx 65 on 02 earnings.They didn't give any guidance though so I suspect that number is meaningless.

Your thoughts?

Thanks
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