MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.10

0.0%

Jan 23 4:00 PM EST

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To: Zeev Hed who wrote (80006)	7/11/2001 6:54:21 PM
From: American Spirit	Read Replies (2) of 99985

You should also apologize to the board for stating false numbers on SCNT a very volatile stock. I just posted the correct numbers and didn't buy it without looking at those numbers and CEO's statements closely. I also talked to my brother who worked there and knows the situation well. He has no concerns about them ever going bankrupt. Just the opposite. SCNT's 50% oversold now even without a recovery cased just on cash and low-no burn rate and no debt. That means book value is double where it's at now. And they have focused on the cash-rich energy business now as clients, and have already landed BP. They're targeting the cash-gouging hugely profitable natural gas industry as we speak. These new clients should replace the old dot-coms they had. They also have hung onto their main blue chip clients in the banking and other sectors. You should buy some here at the bottom and thank me later.

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