MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 685.40

+1.2%

Jan 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (80035)	7/12/2001 12:20:22 AM
From: American Spirit	Read Replies (3) of 99985

SCNT has already stated clearly the burn rate going forward is 22-25 million a Q and minimum revenues are about the same and that 100 million will be left in the bank AFTER this quarter so we're not talking about the past we're talking about the future, and the future value of the stock. You had implied burn rate was much higher and getting worse and cash would be gone in several quarters. Totally untrue. In fact burn rate should not cut into cash at all if their projections are correct. The market cap meanwhile is only 45 million. Less than half their maintainable cash value with no debt. This company has done what they needed to do to survive. And the stock has fallen from a high of $129 to 60 cents so I think the bad news is fairly well priced in (ha ha). This is one micro dog that's not going bankrupt. In fact I expect it to multiply from this price and am going to try and hold for that. If it gets back to $5 a share in a year that's a 850% gain.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next